A whale address beginning 0xf517 has placed 190 non-reduce-only BTC sell orders totaling 951.3 BTC, with a nominal value of about $91.787 million and a weighted average price of approximately $96,488, TradingBeats, formerly Hyperinsight, monitored on Aug. 24. BTC is trading at $77,351, putting the sell orders roughly 3% to 40.8% above the market. Because the orders are not restricted to reducing an existing position, fills beyond the whale’s current 94.1 BTC long could reverse the account into a short position. The trader holds that long with 40x leverage, valued at about $7.277 million and opened at an average price of $77,330.3, down from 109.4 BTC previously. Only about one-tenth of the sell orders would close the long, while roughly 857.2 BTC could become new short exposure. If all orders fill, the theoretical short would be worth about $82.7 million. The address also has a 133.7 BTC buy order at $74,088. The latest report values that order at approximately $99.08 million, while the existing record listed about $9.908 million. Across other tokens, it has 108 open orders; the latest report gives their combined nominal value as about $89.32 million, compared with about $8.932 million in the earlier record. The positions include HYPE, LIT and ZEC. The whale’s activity spans U.S. equities and crypto markets and has previously included major positions in the S&P 500, AMZN and SPCX, with historical total profits of nearly $30 million. TradingBeats has launched an on-chain perpetuals and address-analysis platform supporting real-time Hyperliquid data.