「Whale Shifts 350M Long BTC Position to New Wallet」 Whale liquidates BTC long positions via stop-loss, withdraws $31M in profits, and exits the market.

BlockBeats News, January 8th, according to Coinbob Popular Address Monitor data, in the past 4 hours, the "Whale Who Switched Long with 3.5 Billion BTC Position" has closed all of its 3846 BTC long positions (approximately $350 million) and suffered a total loss of about $3.6 million. The whale had previously placed a long order on BTC up to $93,300. After closing the position, the remaining $31.7 million margin in its account has been withdrawn.

This address is also a large holder of 30,060 stETH tokens (worth approximately $97 million) and has deposited $370 million in assets on the Aave platform. In the past few days, it has deposited a total of $35.5 million into Hyperliquid and established a 3846 BTC long position yesterday, with a position size reaching $350 million at one point, becoming the largest long position on BTC on the platform.