BlockBeats News, July 17th, according to Hyperinsight monitoring, yesterday revealed that the leading whale who opened a short position of about $45.9 million in BTC successfully took profit and exited. This morning, BTC dropped below its predefined take-profit level of $63,500, triggering a full liquidation. The whale bought back a total of about 706.8 BTC, with a liquidation price of around $63,561.5, generating a trading volume of about $44.925 million.

Comparing to the entry average price of around $64,939.8, this short position has realized a profit of about $0.974 million; after deducting a total of approximately $0.033 million for opening and closing fees, the net profit is about $0.941 million.

After being dormant for over 20 days, the address acted again yesterday, opening a BTC short position with 5x leverage and setting take-profit and stop-loss orders in advance. In the early morning today, it further tightened its risk control, adjusting the take-profit trigger to a full liquidation price of $63,500. Subsequently, as the market moved downward as expected, the take-profit strategy was successfully executed.

From opening the position yesterday, setting take-profit and stop-loss, to triggering the liquidation today, this short position was held for about 29 hours. As of the time of writing, the address has exited the position, with no outstanding orders; BTC is trading at around $63,533.5, and the whale has temporarily left the market.

Yesterday's News: 【Whale Discovery】Which way will BTC go in the short term? Today's largest new position writes a three-act play worth $45.9 million