"Long-term short BTC" whale cancels $55,125 "bottom-fishing" BTC limit buy order

BTC-1.01%

BlockBeats News, February 14 — According to HyperInsight monitoring, the long-term short whale (0x5d2f4) has canceled a $55,125 limit buy order to “bottom fish” BTC on Hyperliquid. The whale still plans to buy 50 BTC when the price drops to $53,525 and 100 BTC when it drops to $50,525.

The whale entered a 20x leveraged short position of 499.91 BTC at a Bitcoin price of $111,499.3, and has now fully closed the position, with a total profit of $61.41 million.

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