Whale opened an extra 1200 BTC last night, lost $4.48 million after holding for 17 hours, and then stopped loss and left the market

Odaily Planet Daily reported that according to monitoring by Ashes, a whale liquidated its 1200 BTC long position worth approximately $126 million half an hour ago. The position was held for 17 hours and ultimately lost $4.48 million. The data shows that the address opened a long position in BTC at an average price of about $108700 last night, and subsequently BTC prices continued to decline. The final stop loss for the address was chosen around $105000.