A certain whale went long on BTC, with unrealized profits exceeding $10 million.

BlockBeats news, October 11, according to TradingBeats monitoring, the Hyperliquid whale address 0x8ea8…edbc holds a long position of 1,000 BTC, with a position value of approximately $83.04 million, using 3x cross margin leverage, an average entry price of approximately $72,771, current unrealized profit of approximately $10.27 million, and a position return rate of approximately 37.1%.

This address had already held a long position of approximately 800 BTC as early as May 11, with an unrealized profit of approximately $5.3 million at that time, and subsequently increased the position size to 1,000 BTC. As of press time, the BTC contract mark price is approximately $83,037, about 14.1% higher than the address's average entry price. The estimated liquidation price for this position is approximately $50,382, about 39.3% lower than the mark price.