whale has placed approximately BTC in sell orders and set a full-position take-profit order at 30500000 USD.
Monitoring shows that the
BIBIBI
AT A GLANCE
Address beginning with 0xf517 newly added approximately 25000000 USD BTC a sell order; if existing positions and open orders remain unchanged, it may first close the long position and then switch to a short position.
Article
BTC Whale adds 25000000 USD sell orders, planning to 88800 USD close longs and open shorts around
According to TradingBeats monitoring,Hyperliquid the address beginning with 0xf517 earlier this morning 09:31 placed 89,444 USD a new order worth approximately 25000000 USD a BTC regular limit sell order, intending to sell 279.50 BTC. Combined with the 88,888 USD sell order retained at 5500000 USD, its non-reducing sell orders above total approximately 30500000 USD.
Approximately 13 seconds before placing the new sell order, the address first moved the reduce-only take-profit order covering all of its 70.41 BTC long positions from 88,888 USD down to 88,777 USD, with an order value of approximately 6251000 USD.
As of Beijing time 10:23, the address still held the aforementioned long positions, with an average entry price of approximately 81,273.5 USD, a position value of approximately 6034000 USD, and unrealized profit of approximately 312000 USD. No BTC trades have been recorded today.
If the position and orders remain unchanged, when BTC rises to 88,777 USD its full-position take-profit order will trigger first; afterward, if the regular sell orders at 88,888 and 89,444 USD are filled, the address will switch from long to short, establishing up to approximately 341.38 BTC in short positions.
Meanwhile, the address still has approximately 67,777 to 78,777 USD in regular buy orders, including 47196000 USD one order at approximately 78,777 USD.
The on-chain Perp social-network graph: view the most comprehensive 20000000 USD on-chain data:Hyperliquid Monitoring shows that the https://www.tradingbeats.xyz
Key points
01
According to TradingBeats,Hyperliquid the address beginning with 0xf517 earlier this morning 09:31 on 89,444 USD added approximately 25000000 USD of BTC regular limit sell orders, intending to sell 279.50 BTC。
02
Adding the 88,888 USD retained on 5500000 USD sell orders, the address has approximately 30500000 USD。
03
approximately seconds before placing a new sell order,13 seconds, this address will cover all 70.41 BTC the “reduce-only” take-profit orders for its long positions from 88,888 USD lowered to 88,777 USD, with pending orders worth approximately 6251000 USD。
04
As of Beijing time 10:23, this address still holds the aforementioned long positions, with an entry price of approximately 81,273.5 USD, a position value of approximately 6034000 USD, and unrealized profit of approximately 312000 USD, with no BTC trades executed today.
05
If the position and pending orders remain unchanged,BTC rises to 88,777 USD the full-position take-profit order will be triggered first; thereafter, if 88,888 USD and 89,444 USD regular sell orders are filled, at most approximately 341.38 BTC of a short position will be established.
06
This address still retains approximately 67,777 to 78,777 USD of regular buy orders in the range, of which 47196000 USD one tier is approximately 78,777 USD one tier is approximately 20000000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This address currently holds BTC long positions, while also having take-profit sell orders and regular sell orders set at higher prices. According to the original description, if the price reaches these levels in sequence and the orders are not adjusted, it may first sell the existing long positions, then establish a short position when the subsequent sell orders are executed.
Why it matters to readers
Approximately 30500000 USD non-position-reducing sell orders and approximately 47196000 USD ordinary buy orders reflect the address’s current order-book layout; if executed, its position direction and size could change significantly.
Beginners should distinguish between “placed orders” and “executed trades”: the original text states that, as of Beijing Time,10:23 today’s trades have still not occurred BTC therefore, these orders currently represent only cancellable or adjustable trading arrangements and do not mean that the positions have already been closed or that a short position has been opened.
Risks and unknowns
The information comes from TradingBeats monitoring, and the original text provides no cross-verification from other sources.
The identity of the holder of this address and their actual trading purpose cannot be confirmed from the original text.
The outcome of closing the long position and reversing into a short position depends on the position and resting orders remaining unchanged, and on the regular sell orders at the relevant prices actually being filled.
Related Developments
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The original text does not state whether these resting orders were subsequently canceled, modified, or filled.
Related concepts
Ordinary limit sell order
This term is not in the glossary yet. Browse related concepts in the glossary.
