Markets· ★★· neutral·

Whale closes 1,425 BTC long position for $1.5M profit

  • Entire 1,425 BTC position worth $119.3 million was closed
  • Realized profit came to roughly $1.5 million
  • Data comes from on-chain analytics service Lookonchain
Why it matters: Profit-taking by a large holder may signal caution among whales near current price levels.
Source: PANews