Data: 20x leverage long BTC whales have now realized a profit of 5.8 million USD

According to ChainCatcher news, monitored by on-chain analyst Yu Jin, as BTC surged to $110,000 again, a whale that opened a long position on BTC using 10 million USDC yesterday is currently sitting on a profit of $5.87 million.

He has been increasing his position since he started building it at 5 PM yesterday, and he is still adding to it now. His long position in BTC is now worth up to $250 million.

Current position status: 20x long on 2,276 BTC, position value $250 million. Opening price $107,637, liquidation price $105,110. Current floating profit $5.87 million.

Previous report stated that this whale went long on BTC with 20x leverage, with a position size exceeding $84.5 million.