Svmuu News: According to Hyperinsight monitoring, a new address (0x4ba6) received approximately $464,000 in funds from three different addresses last night. After the UBTC was transferred in, it was immediately converted to USDC, and the funds were transferred to BTC futures contracts with virtually no delay.
The address first opened a short position of 68.1 BTC, then repeatedly switched between long and short positions to test the market. About half an hour ago, it purchased another 181.3 BTC through two orders, finally completing the establishment of its current position. The average transaction price was $66,411.6, and the position value, calculated based on the transaction price, is approximately $12.039 million.
As of this writing, the address holds a long position of 181.3 BTC with 40x leverage. The position is valued at approximately $12.026 million, with a liquidation price of $64,580.7. The position is currently showing an unrealized loss of about $15,000, representing a return of -4.3%.
Immediately after opening the position, the address placed a single take-profit order covering the entire position, with a trigger price of $67,300.0. This address has been active for less than a day; its transaction history is concentrated in BTC, with a cumulative trading volume of $67.28 million. The account is currently at breakeven.