「Long-Term BTC Short」 Whale Adjusts Order, $59,138 「Buy the Dip」 BTC Amount Halved to 100 Coins

BlockBeats News, February 5th, according to HyperInsight monitoring, the "BTC Long-Term Short" whale (0x5d2f4) modified the BTC limit order. The current order book shows that it will buy 100 BTC when BTC falls to $64,967; and buy another 100 BTC when BTC falls to $59,138.

The whale entered a 20x leveraged short position for 499.91 BTC at a Bitcoin price of $111,499.3. The current BTC short position has been reduced to 68.33 BTC, still holding a floating profit of $2.734 million. At the same time, relying on funding rate settlements, it has received $10.0048 million.