A certain whale goes long on BTC with a staggering $43.72 million position

BlockBeats News, August 27th. According to on-chain analyst Ai (@ai_9684xtpa), the whale address 0x604…0b21d had previously shorted $45.17 million worth of BTC on August 24th to 25th, ultimately exiting with a loss of $831,000. Early this morning, the address switched to a long position, opening a 12x leveraged long position with 554.71 BTC, with a position value of approximately $43.72 million, making it the eighth largest BTC holding on Hyperliquid.

The entry price was $80,140.6 per BTC, and it is currently holding an unrealized loss of approximately $748,000.