Whale Trader Nets $9.895 Million Profit from BTC Long Positions

2026-06-12 10:17

A prominent cryptocurrency whale, known by the handle @Jason60704294, has closed out nearly 2,783 BTC long positions, securing a profit of $9.895 million. This move is part of his "Set 10 Big Targets First" strategy. The whale recently closed 1,365.317 BTC, contributing to a total of 2,782.977 BTC worth $205 million in closed positions. Currently, he holds only 52.352 BTC. Despite this success, the whale previously incurred a loss of $6.685 million on June 4 due to a long position on BTC, with an actual position size of 3,072.127 BTC. This recent profit highlights the volatility and potential for significant gains in cryptocurrency trading.

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