Whale Sets "Top 10 Goals First" and Makes Over $8 Million in Profit from Long and Short Positions in Two Days

BlockBeats News, May 5th, according to on-chain analyst Auntie Ai (@ai_9684xtpa), the whale "Targeting 10 Big Goals First" engaged in a long and short strategy within two days, earning over $8 million.

On May 4th, the whale "Targeting 10 Big Goals First" opened a short position for 2448.2 BTC at the price of $79,903.19, worth approximately $195 million. It then went long at $78,848.05. Today, it has closed the Bitcoin long position at $81,300, with an estimated holding of about 2543 BTC (around $200 million). The expected profit from this long position is $6.23 million.