A whale has liquidated a $5.88 million USD BTC long position, incurring a $28,000 USD loss

BlockBeats News, January 28th, according to HyperInsight monitoring, a whale liquidated a $5.88 million USD BTC long position at 16:55, losing $28,000 USD. Immediately after, they opened a new long position for 60.71 BTC with 40x leverage, reducing their average entry price to $88,956.1 USD. Currently, the position is slightly in the red.

This address exhibits an aggressive trading style, frequently switching between long and short positions, and prefers range-bound strategies.