A major whale has aggressively added to its BTC long position after its initial accumulation, with short-term holdings increased to $12.5 million.

BTC0.56%

BlockBeats News, March 25 — According to Hyperinsight monitoring, in the past hour, a whale starting with 0x931 opened a BTC long position with 40x leverage. The initial entry price was $71,023, with a position size of approximately 105.6 BTC, worth about $7.5 million.

About half an hour later, the address added to the position again, increasing by roughly $5 million, with an average entry price of $71,441. After two rounds of adding to the position, the total position size reached $12.5 million, with an average entry price of $71,190, and a liquidation price set at $73,103. Currently, BTC price has slightly pulled back, resulting in a small unrealized loss of about $7,000 (−2%) on this position.

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