「Pro Signal Cashout」 BTC Dip Triggers Whale's $60 Million Contingency Plan, with the First $9.3 Million Already Deployed

BlockBeats News, September 2nd. According to TradingBeats (formerly Hyperinsight), the whale with the address starting with 0xe2ad, which previously had a $60 million buy-the-dip plan below BTC (previously about $80 million with adjustments), welcomed its first batch of transactions early this morning. The address has passively purchased 121.53 BTC, with a transaction volume of about $9.2974 million, an average price of $76,499.5, accounting for approximately 15.4% of the total buy-the-dip plan.

As of the time of writing, the address currently holds a 20x leveraged long position of 121.53 BTC, with a position value of approximately $9.386 million, a composite cost of $76,499.5, an unrealized profit of about $89,000, and a return of approximately 19.1%.

There are still 17 non-deleveraging limit orders remaining, planning to continue buying 671.04 BTC, with a notional value of about $50.88 million, prices ranging from $75,479 to $76,245, a weighted average order price of around $75,821.5, representing a 1.3% to 2.3% distance from the current price.

If the remaining orders are all executed, the BTC long position of this address will expand to approximately 792.58 BTC. Recalculating based on executed and existing orders, the total round plan size is about $60.177 million, with a composite cost of around $75,925.5.

Previous News: Nearly $80 million BTC Buy Order Ambushed in Advance, New Address Plans Long Near $75,000

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