BlockBeats News, July 21st, Contract Whale "First Set 10 Big Goals" this morning revealed a 4x leveraged long position on Bitcoin. On-chain analyst Ai Auntie (@ai_9684xtpa) estimated their entry price to be $63,827.06. The current long position is approximately 2,358.05 BTC, equivalent to $150 million. With Bitcoin breaking through $66,000, their unrealized gains may have expanded to $5.15 million.
Previously, "First Set 10 Big Goals" stated that recent trades have mainly focused on long positions, with no short positions taken for now. The risk-reward ratio for shorting is currently low, as Bitcoin is relatively close to a phase-wise bottom. The subsequent trend may gradually emerge and initiate a new round of upward movement, so they do not want to miss a potential signal for the start. The current position may be held for the medium to long term, but adjustments will still be made based on market conditions, and short-term trades may continue. In addition, in the next six months, there may be a significant pullback in U.S. stock AI-related tech stocks.
