According to data from COINOTAG News on March 3rd, significant market movements were captured by ai_9684xtpa monitoring. A notable whale, operating under the strategy titled “Set 10 Big Goals First”, has successfully managed a BTC long position that has yielded an impressive return of $8.35 million. This particular position holds a substantial nominal value of 1,500 BTC, translating to approximately $133 million in current market valuation.
The entry price for this long position was set at $83,563.92, which, alongside a margin of $31.33 million, highlights the whale’s strategic capital allocation. Moreover, the calculated liquidation price stands at $82,267, providing a critical threshold that traders closely monitor. This transaction exemplifies the ongoing dynamism in the cryptocurrency market, particularly as institutional players continue to shape price trends.
Source: https://en.coinotag.com/breakingnews/whales-strategic-btc-investment-reaps-8-35-million-profit-amidst-market-movements/