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Whale Sets 10 Major Targets, Profits Over $8 Million in Two Days
On May 5, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale that “sets 10 major targets” has made profits exceeding $8 million by trading both long and short positions within two days. On May 4, the whale opened a short position of 2,448.2 BTC, valued at approximately $195 million, at the Bitcoin price of $79,903.19, and then reversed to go long at $78,848.05. Today, it closed its Bitcoin long position at $81,300, estimating its holdings to be around 2,543 BTC (approximately $200 million), with expected profits from this long position amounting to $6.23 million.