$6.6 million Profit Behind: Whale Funds Shifting Focus from AI Tech Stocks to BTC

BlockBeats News, August 21st, according to TradingBeats monitoring, this round of BTC's rise may gradually shift on-chain fund attention from US and South Korean stocks back to the crypto market.

The whale address 0xb5…7a08 has recently undergone a significant asset preference change. This address was previously heavily involved in trading US stock-related assets, with historical transaction records covering tech stocks such as MSFT, NVDA, META, AMZN, GOOGL, AAPL, ORCL, NBIS, SPXC, and other AI-related targets, with a total trading volume reaching $131 million. From the historical holding structure, this address was more inclined towards trading US tech growth assets in the past. However, in the past few days, this address has started to reduce its US stock trades and has reallocated its main risk exposure back to the crypto market.

Its largest positions have now shifted to BTC and ETH. The current total asset net worth of the account is approximately $7.3955 million, with an unrealized profit of $6.5597 million. Trading records show that on August 19th, the address significantly increased its long positions in BTC and ETH. It bought 15 BTC near $65,962 each and added 170 more BTC near $68,196, while also establishing a long position of 4,000 ETH. It accurately captured the BTC rally from $68,000 to $79,000 in this round.

Among these, BTC is its largest position, currently holding a 40x leveraged long position of 460 BTC, with a nominal value of approximately $35.7944 million, an average opening price of $66,720.90, and an unrealized profit of approximately $5.1027 million. At the same time, the address holds a 20x leveraged long position in ETH valued at around $9.5988 million, with an average entry price of $2,038.20, the current price around $2,399.70, and an unrealized profit of approximately $1.446 million.

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