BTC giant whale adds $25 million sell orders, plans to go long above $88,800 and then reverse to open a short
On September 22, according to TradingBeats monitoring, the Hyperliquid address starting with 0xf517 added this morning a BTC standard limit sell order of about $25 million at around $89,444, intending to sell 279.50 BTC. It also retained a take-profit order of about $6.25 million at $88,777. Above that, the non-reducing sell orders total about $30.5 million. As of the time of writing, the address still holds the above long position, with an average entry price of about $81,273.5, a position value of about $6.034 million, and an unrealized profit of about $312,000. There have been no BTC trades today. If the position and pending orders remain unchanged and are filled, the address will switch from a long to a short position, establishing up to about 341.38 BTC in a short position.
Meanwhile, the address still retains about $47.196 million in standard buy orders in the $67,777 to $78,777 range, including the $78,777 level with about $20 million.
On September 22, according to TradingBeats monitoring, the Hyperliquid address starting with 0xf517 added this morning a BTC standard limit sell order of about $25 million at around $89,444, intending to sell 279.50 BTC. It also retained a take-profit order of about $6.25 million at $88,777. Above that, the non-reducing sell orders total about $30.5 million. As of the time of writing, the address still holds the above long position, with an average entry price of about $81,273.5, a position value of about $6.034 million, and an unrealized profit of about $312,000. There have been no BTC trades today. If the position and pending orders remain unchanged and are filled, the address will switch from a long to a short position, establishing up to about 341.38 BTC in a short position.
Meanwhile, the address still retains about $47.196 million in standard buy orders in the $67,777 to $78,777 range, including the $78,777 level with about $20 million.