【Whale Tracking】$107 million Long Liquidation on BTC, 40% Position Closed, Remaining Holding Risk-Free Sell Order

BlockBeats News, July 20, according to Hyperinsight monitoring, the largest long holder who previously held $107 million worth of BTC long position has started to reduce the position to take profit, and has set stop-loss orders close to the entry price for the remaining position.

Within the past 1 hour, the whale has sold a total of 903.4 BTC through 10 limit sell orders, with a total transaction amount of approximately $58.424 million. The average transaction price is around $64,666.1, realizing a profit of $554,400. Due to some additional buying during this period, the net reduction is 668.2 BTC.

As of the time of writing, the whale still holds 994.2 BTC long, with a position value of around $64.195 million, an entry price of $64,052, and an unrealized profit of $510,000. The liquidation price has dropped to $61,604.3.

The whale has now set stop-loss orders for all remaining long positions. If BTC falls below $64,050, it will trigger a breakeven liquidation: if the price falls back to the entry point, the realized profit of $554,400 will be locked in; if the price continues to rise, the whale will continue to hold for profit, indicating a generally defensive positioning.

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