The unrealized PNL of the $580 million $BTC LONG position has reached $12 million.

A whale wallet opened a 4x LONG position on Bitcoin valued at 103,302 $ . (The size of the transaction is worth $5.5 $BTC)

The whale wallet has already made over $10 million in profit. The liquidation price of the position is $98,156. Since it is a cross-margin transaction, there may be changes in the liquidation price.

The confidence and appetite of large investors in Bitcoin is increasing.

#Bitcoin #BTC #Bullish