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Bitcoin Whale's 397.7 BTC Long Position Down $178K as BTC Dips Below $77K

GateNews

bitcoin news Price Volatility

2026-04-28 00:44:22

BTC0.16%

Gate News message, April 28 — A Bitcoin whale known as @Jason60704294 is facing significant losses on a 397.718 BTC long position, currently down $178,000 according to on-chain analyst Ai Yi. The losses peaked at $488,000 earlier today as Bitcoin briefly dipped below $77,000.

On-chain data revealed a 2,759.11 BTC long order placed at a limit price of $77,686.50 on a major exchange yesterday afternoon, valued at approximately $214 million. Community members are speculating this position may belong to the same whale; if confirmed, total losses could expand to $1.237 million.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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