A giant whale closed a long position of 1200 BTC half an hour ago, incurring a loss of 4.48 million USD

According to HashChain news, based on Ember monitoring, a giant whale investor closed a long position of 1200 BTC half an hour ago. This position was worth approximately 126 million USD and was held for 17 hours, ultimately resulting in a loss of 4.48 million USD. It is reported that the whale opened the long position last night at a price of about 108,700 USD, but subsequently, the price of BTC continued to decline, and the investor ultimately chose to close the position with a stop-loss at about 105,000 USD.