After the whale made a profit of $13,000 in 1 hour, why does the account still show an unrealized loss of $34,000?

A whale closed a long position of 137.23 BTC this morning, realizing a short-term profit of $13,000, but the overall account remains in a floating loss of $34,000. Behind this seemingly contradictory data, it reflects the typical operational characteristics of high-risk traders in the current market.

Trading Details Analysis

Core Trading Data

According to the latest news, this whale address closed a long position of 137.23 BTC at 10:05 today. The specific data are as follows:

This means that although this long position was profitable, the address has larger losses on other positions or trades, resulting in an overall account loss.

Trader Behavior Characteristics

Monitoring data shows that this address exhibits obvious high-risk preference features:

• Skilled in both long and short operations, not limited to a single direction
• Recently active, frequently adjusting holdings
• Large single-trade scale (around 137 BTC)
• Able to withstand significant volatility, willing to quickly switch strategies across different market phases

Market Background Analysis

BTC Current Trend

From the data, BTC has shown volatility recently:

• 24-hour decline: 0.36%
• 7-day increase: 1.33%
• 30-day increase: 4.91%
• Current price: $92,333.30

BTC was in a moderate upward trend in January, but short-term fluctuations are significant. In this environment, whale’s dual-direction operations become more active—offering both profit opportunities and risks.

Market Implications of Whale Behavior

This trade reflects several interesting phenomena:

• Strong profit-taking willingness: Although the account is in a floating loss overall, the whale is still actively closing profitable positions, indicating a cautious outlook on the market
• Risk management awareness: Does not continue to add positions or hold onto losing positions, but takes profits in time
• Limited bullish confidence: Even with floating losses, still closing long positions, possibly indicating the whale’s relatively conservative view on further upward potential

Summary

The core highlight of this whale’s trade is not the $13,000 profit from a single transaction, but the market attitude it reflects—under the background of moderate upward movement with volatility, large funds are selectively taking profits. The fact that the overall account remains in a floating loss also reminds us that even high-risk traders face challenges in the current market environment. Future focus should be on whether such whales will continue to adjust their strategies and whether BTC can sustain its upward momentum amid recent volatility.