According to BlockBeats, a large Bitcoin holder known as a whale is currently holding a leveraged long position of 537 BTC, which amounts to a total value of 49 million dollars. This position has been in a loss for 24 days, and currently, it has an unrealized loss of 4.49 million dollars. Three days ago, this loss was at its highest at 9.5 million, but it has been gradually decreasing. This trend suggests that the whale is holding their position and waiting for a market recovery. Such movements by large holders typically affect market sentiment and can direct price behavior in the short term.
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BTC
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