Bitcoin Whale’s Disclosed Long Was 281.789 BTC, Analyst Estimates Larger Binance Position

Analyst Ai Yi said a trader’s posted Bitcoin long showed 281.789 BTC worth $19.09 million at a $67,777 entry price. Based on large Binance trades recorded at the same time and price, Ai Yi estimated the trader’s actual position may be 3,076.88 BTC, valued at about $208 million. The analyst also said the trader previously shorted 2,739 BTC between May 28 and June 2, generating $3.308 million in profit. The figures indicate that the publicly shown position may represent only part of the trader’s total Binance exposure.

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