Derivatives trader "先定 10 个大目标" disclosed the June 25, July 6 and July 13 Bitcoin positions on social media, showing one losing long followed by two profitable trades.
A derivatives whale shared details of three recent Bitcoin long positions, posting an initial $4.88 million loss before rebounding with two profitable trades worth $4.54 million and $4.27 million. The trader, "先定 10 个大目标," said the losing position was opened on June 25 at $59,837.99 and closed at $58,592.06. Two later longs were profitable: one opened on July 6 at $62,590.4 and closed at $64,022.01, and another opened on July 13 at $63,064.4 and closed at $64,287.08. The sequence highlights how leveraged derivatives trading can swing sharply with relatively modest underlying Bitcoin price moves.