Whale Known for Shorting BTC Adjusts Limit Orders to Buy 100 BTC at $64,967 and $59,138
A whale address (0x5d2f4) described as a long-term Bitcoin shorter updated its BTC limit buy orders on Feb. 5, with the order book now showing bids to buy 100 BTC at $64,967 and another 100 BTC at $59,138, HyperInsight data cited by BlockBeats show. The whale opened a 20x leveraged short of 499.91 BTC when Bitcoin traded at $111,499.3, has since reduced the position to 68.33 BTC with an unrealized profit of $2.734 million, and has collected $10.0048 million from funding rate settlements.