Swing whale liquidates and stops loss on 3,846 BTC long positions, incurring a loss of $3.8 million
According to Odaily, monitoring by Ember shows that the whale (0xfb7...e0a3), who previously made a profit of $96.67 million through multiple ETH swing trades, closed and stopped out of a long position of 3,846 BTC worth $350 million about an hour ago, incurring a loss of $3.8 million. Yesterday, this entity cumulatively transferred $35.5 million USDC to Hyperliquid and increased their long position in BTC. By 2:00 am today, their position had reached 3,846 BTC, with an average opening price of $92,096. Due to a BTC price pullback, the entity closed the position this morning at an average price of $91,158 and withdrew the remaining $31.7 million USDC from Hyperliquid back to their on-chain wallet.
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