BTC falls below $77,000! Whales' long positions see increasing unrealized losses, $200 million position becomes a focus


Bitcoin briefly drops below $77,000, market volatility intensifies again, and a whale's position also becomes a point of attention.
On-chain data shows that the whale known as "Set 10 major targets first" Jason60704294 previously opened a long position of 397.718 BTC, currently with an unrealized loss of about $178k, and at the lowest point in early morning trading, the maximum unrealized loss once expanded to $488k.
Meanwhile, yesterday afternoon, an exchange saw a large buy order with a price of approximately $77,686.5, a scale of 2,759.11 BTC, worth about $214 million.
The community generally suspects that this position may also belong to the same whale.
If this position indeed comes from the same address, then the overall unrealized loss could have already expanded to approximately $178k.
In highly volatile markets, even whale funds cannot completely avoid short-term unrealized losses.
Large capital often looks at cycles, not just one or two candlesticks.
The market is never short of volatility; whatโ€™s lacking is the ability to stick to your strategy amid the fluctuations. ๐Ÿ“‰๐Ÿ“ˆ#WCTCไบคๆ˜“็Ž‹PK #ๅŠ ๅฏ†ๅธ‚ๅœบๅฐๅน…ไธ‹่ทŒ #Polymarketๆฏๆ—ฅ็ƒญ็‚น $BTC $HYPE
BTC-0.98%
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