"Long-term short BTC" whale adjusts orders, $59,138 "bottom-fishing" BTC volume halved to 100 coins

GateUser-6433627c · 2026-02-05T10:21:52+00:00

On February 5th, HyperInsight detected that a long-term Bitcoin short whale adjusted its limit buy orders, planning to buy 100 BTC each when the price drops to $64,967 and $59,138 respectively. Additionally, the whale previously shorted 499.91 BTC when the price was $111,499.3, with the Bitcoin short position now reduced to 68.33 BTC, still showing an unrealized profit of $2.734 million, and has collected funding fees of $10.0048 million.

GateUser-6433627c

2026-02-05 10:21:52

Abstract generation in progress

On February 5th, according to HyperInsight monitoring, the “long-term short BTC” whale (0x5d2f4) changed its BTC limit buy orders. The current order book shows that it will buy 100 BTC when BTC drops to $64,967; and another 100 BTC when BTC drops to $59,138. This whale entered a 20x leveraged short position with 499.91 BTC at a price of $111,499.3. Currently, its short position has been reduced to 68.33 BTC with an unrealized profit of $2.734 million, and it has also collected $10.0048 million through funding rate settlements.

BTC-6,47%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.