A whale closed a $110 million BTC long position, incurring a loss of $3.26 million and switching to long U.S. stocks.

BlockBeats news, October 19 - According to EmberCN monitoring, a whale's previously opened $110 million BTC long position with a market stop-loss at $80,500 was not triggered. After closing the BTC long position at 5 AM today, the whale switched to opening long positions in US stocks. At 4 AM today, BTC dropped to a low of $80,684, just $184 away from the $80,500 market stop-loss, but it did not continue to fall and trigger the sell-off.

The whale closed the long position at $80,949 at 5 AM, incurring a final loss of $3.26 million, and then opened long positions worth $45.8 million in US stock contracts, including TSLA, DRAM, and SOXL.