Giant whale “first set 10 big goals” previews trading plan: if the $64k level does not effectively break down, they will take back the long position

ME News, July 26 (UTC+8), July 25: the contract whale “first set 10 big targets” posted a trading-plan preview, stating that the previous BTC long position entered around $64,980, then exited after the price dropped to trigger a stop-loss at $64,000---$64,300. The stop-loss was placed to prevent a rapid further dip to $63,000 after $64,000 was breached.

It will continue to observe: if $64,000 is not effectively broken in the next move, then on Monday and Tuesday next week it will gradually re-enter long positions around $64,000. The new stop-loss price will be set at $63,500---$63,000.

On July 21, “first set 10 big targets” previously called for this round’s profit target of $300 million: it used 150 BTC to build the position, targeting $150 million. The highest realized profit was $120 million, but near the end it misjudged direction during a drop from $120k, wiping out all profits and barely preserving the principal, with only a slight profit remaining.

For this round, it will use 300 BTC to build the position, with a $300 million target. So far, it has realized $60 million in profit. (Source: BlockBeats)