BIT Whale Completely Takes Profit on $55 Million BTC Long Position, Profiting $4.39 Million

BlockBeats News, April 14th, according to Hyperinsight monitoring, a BIT-affiliated whale has liquidated all of its BTC long positions. The whale's position size before liquidation was approximately $55 million, with a liquidation price of $74,695 per BTC, resulting in a final profit of $4.39 million. This whale was once the largest BTC long on Hyperliquid.

Currently, the whale still holds about $281 million in ETH long positions across two addresses, has partially offloaded 2000 ETH, and still has an unrealized gain of approximately $34.8 million.

It is reported that the ETH long positions were opened on February 9th to 10th, before the escalation of the US-Iran conflict; while the BTC long positions were opened during the intensified stage of the conflict on March 3rd.

Address: 0xa5b0edf6b55128e0ddae8e51ac538c3188401d41

Address: 0x6c8512516ce5669d35113a11ca8b8de322fd84f6