STRK's rebound falls short of expectations, prompting whale to rotate into BTC with a new $11 million long position.

BlockBeats news, October 13th, according to TradingBeats monitoring, BTC rebounded to approximately $83,626, with its 24-hour decline narrowing to 0.4%; STRK was reported at $0.0875, still down about 18.1% over 24 hours. Taking today alone as the starting point, BTC has risen about 1.1%, while STRK continued to fall about 3.6%, showing a clear divergence in their recovery performance.

Against this backdrop, this morning an address concentratedly liquidated about 26.31 million STRK long positions at an average closing price of $0.0848. After experiencing a large drawdown in unrealized gains, it realized a net profit of about $184,000.

Afterward, the whale newly opened a $11.119 million BTC long position at an average price of $81,819.9, with current unrealized profit already reaching about $245,000 (+89%). The new position still uses 40x isolated leverage and has set a whole-position market stop-loss order triggered at $79,000.