Blockchain Update, Jan 22 — Hyperinsight data reveals a major whale with 0x9311 address adding 75 BTC longs valued at $6.5M in the past 30 minutes.
The wallet's total BTC long exposure now reaches $16M, with an average entry price at $89,985 and liquidation level at $85,000. Current unrealized profit stands at $26K, showing positive market alignment.
Earlier at 13:41 UTC, this whale established its initial position with 125 BTC longs worth $11.24M using 20x leverage.
Market analysts note this repeated buying pattern indicates strong bullish conviction. However, high-leverage positions require careful risk management amid current market volatility.