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Whale Reveals "Top 10 Big Goals" and Shows Long Bitcoin Orders, with Floating Profits Once Exceeding $4.5 Million
  • BTC0%

BlockBeats News, July 21st, the contract whale "Sets 10 Big Goals First" revealed on social media a 4x leveraged long position on Bitcoin, with a peak unrealized gain of over $4.5 million, achieving an investment return of 7.12%.

Previously, the whale stated that recent trades were mainly short-term long positions and had not engaged in short positions. The risk-reward ratio for shorting at the current level is low, as Bitcoin is relatively close to a phase-wise bottom, and the subsequent trend may gradually emerge, initiating a new round of uptrend. Therefore, they are unwilling to miss a potential signal for the upsurge. The current position may be held for the medium to long term, but will still be adjusted based on market conditions, with the possibility of continuing short-term trades. In addition, in the next six months, a significant pullback in U.S. stock AI-related technology stocks is not ruled out.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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