「Whale Tracker」 Planned to Short Nearly $1 Billion Worth of BTC, Whale Replenishes Buy Order of Over $84 Million

BlockBeats News, August 25th. According to TradingBeats (formerly Hyperinsight), the whale with the wallet starting with 0xf517, who placed a nearly $100 million USD sell order yesterday, added three more buy orders this morning within approximately 11 seconds, which were not solely for reducing positions:

- Bought 329.4 BTC at $75,888 each, totaling around $25 million;

- Bought 339.9 BTC at $73,555 each, totaling around $25 million;

- Bought 346.2 BTC at $72,222 each, totaling around $25 million.

The three orders in total were planned to buy 1015.5 BTC, amounting to around $75 million, with a weighted average order price of approximately $73,857.5. Based on the current BTC price of $80,674, the three buy orders are waiting for approximately 5.9%, 8.8%, and 10.5% retracements, respectively.

Together with the $9.908 million buy order placed at $74,088 earlier, the whale has a total of four buy orders below. These orders are planning to buy 1149.2 BTC, with a nominal amount of around $84.908 million.

The whale currently holds a 40x leverage long position of 42.1 BTC, with a position value of around $3.394 million. The average entry price is $77,330.3, with an unrealized profit of approximately $141,000. Their long position has decreased by about 55.3% compared to yesterday, but the planned buy-in scale below has expanded by over $75 million.

The sell wall above has not been removed. As of the time of writing, the whale has 183 non-"only reduce position" sell orders in the range of $81,272 to $108,888, planning to sell 945.2 BTC, with a nominal amount of approximately $91.296 million and a weighted average order price of about $96,592.8. Additionally, there is a "only reduce position" sell order set at $88,888 to cover the current long position.