Data: The whale closed the long position of 350 million BTC for a stop loss, and has withdrawn 31 million USD to exit the market

In the past 4 hours, according to Coinbob's popular address monitoring, the "whale that went long on 350 million BTC positions" has closed all of its 3,846 BTC long positions (approximately 350 million USD), incurring a total loss of about 3.6 million USD. This whale had previously placed an order to go long on BTC up to 93,300 USD.

After closing the positions, the remaining 31.7 million USD margin in its account has been fully withdrawn. This address is also a large holder of 30,060 stETH (worth about 97 million USD) and has deposited 370 million USD in assets on the Aave platform. In the past few days, it has cumulatively deposited 35.5 million USD into Hyperliquid and established a long position of 3,846 BTC yesterday, with the position size reaching 350 million USD at one point, becoming the largest long position in BTC on the platform.