Bitcoin Whale Sets $67.07 Million Buy Order This Morning, Plans to Catch Dips Below $82,500

BlockBeats news, September 24 — According to TradingBeats monitoring, an address 0xf517 associated with Hyperliquid ecosystem builder NMTD (X: NMTD8) placed 96 standard limit buy orders for BTC in the early hours of today, with prices ranging from $77,825 to $82,555, planning to buy a total of approximately 843.99 BTC, corresponding to pending order value of about $67.071 million.

The address currently holds approximately 70.41 BTC in long positions, with a position value of about $5.921 million, an average entry price of about $81,273.5, and unrealized profit of about $199,000; no new BTC fills have occurred today.

BTC was quoted at approximately $84,101 during the same period. The highest tier at $82,555 is only about 1.8% from the current price, while the deepest tier at $77,825 is about 7.5% lower, with its accumulation plan mainly covering a pullback range of about 2% to 7.5% below the current price.

If the existing position remains unchanged during this period and all 96 buy orders are filled, the address's BTC long position would increase from approximately 70.41 BTC to approximately 914.40 BTC, expanding the position size to about 13 times the current level.

In addition, another associated address 0xb1ec placed a buy order of approximately $15 million at $83,144 at 00:09, and reduced its BTC long position.