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Whale closes position with 81 BTC stop-loss, holdings shrink to 0.5 BTC
【Blockchain Rhythm】This afternoon around 4 PM, a whale’s big move drew attention. The address starting with 0x8d0 closed a position at approximately $89,000, stopping out with 81.29 BTC, corresponding to a trading volume of about $7.24 million.
What’s more interesting is that this whale did not exit entirely. It still maintains a long position of 0.503 BTC, with 20x leverage, and a position value of around $45,000. Based on the current market conditions, this position is already showing an unrealized loss of about $153.8, with an entry average price also at $89,000.
It appears to be an orderly risk management move—first reducing leverage exposure while keeping the core position to continue participating in the market. Actions like these by large holders often reflect subtle shifts in market sentiment.