7 addresses deployed $42 million in BTC sell orders today, clustered in the $83,400 to $85,000 range.

BlockBeats news, October 23 - According to TradingBeats monitoring, BTC is currently trading at approximately $81,850. Seven key addresses on Hyperliquid today placed 90 limit sell orders concentrated in the $83,400—$85,112 range, totaling about 510.22 BTC with a notional value of approximately $42.896 million, only about 1.9%—4.0% away from the current price.

These sell orders are mainly long positions arranged in advance for profit-taking. Among them:

$30.846 million in "reduce-only" sell orders: from 5 long addresses, intended to reduce existing long positions after a price increase.

At $83,583, $5.349 million in regular sell orders: planning to sell 64 BTC, corresponding to an account holding a 124 BTC long position; if the position remains unchanged, execution would reduce it by about 51.6%.

At $83,700 and $83,820, $6.701 million in short-opening sell orders: the corresponding account currently has no BTC position and plans to establish an 80 BTC short position after a rebound.

Among them, the largest group of reduction orders is distributed in the $83,500—$85,000 range, covering 150 BTC, approximately $12.638 million, accounting for about 29.5% of the total in that range; at $84,666 there are additionally approximately $8.365 million in "reduce-only" sell orders.