Whale "Sets 10 Major Goals First": Current Profit is about $70 million, Rapid Growth Prevents Timely Long Position Liquidation

BlockBeats News, August 21st - The whale known as "Perfect 10 Goals First" continued to update its current round of transaction trajectory and insights on X platform tonight. The whale mentioned that at the price level of 72,500, it had considered pulling back its long position. It placed limit orders in the range of 70,500 to 71,500, but they were not filled. "I wanted to re-enter the long position that I had closed earlier. I placed a long order in the 70,500 to 71,500 range and a short order near 76,000 at the same time. My expectation was that if the price first retraced to 70,500 to 71,500, I would re-enter the long position; if there was no retracement and the price quickly surged to near 76,000, I would take advantage of a pullback after the surge. In the end, the long orders below did not get filled. After the short order at 76,000 was executed, the price continued to surge above 79,000.

Looking back, the true misjudgment was not the medium to long-term trend, but underestimating the strength of this rally and attempting an early bet on a pullback."

Despite the recent failed short position, the whale still mentioned that it "currently has a profit of approximately $70 million."