A new update shows the whale later held a separate 40x Bitcoin long worth $6.95 million, set a take-profit at $77,000, and had no stop-loss despite a nearby liquidation level.
An on-chain wallet beginning with 0x965 was previously reported to have opened a 40x leveraged Bitcoin long worth $12.6 million on April 16 at an average entry of $74,959, with a liquidation level at $73,980 and a stop-loss at $74,700. New content says a whale opened another 40x Bitcoin long worth $6.95 million at an average entry of $75,320. After roughly 20% unrealized profit, the address placed a take-profit order to close at $77,000 on April 17. The new position reportedly had no stop-loss, and its liquidation price was $74,287.