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CoinVoice has learned that, according to Hyperinsight monitoring, the address labeled as “XPL, HYPE band whale” (0xfb51…) has been repeatedly reducing its BTC long positions over approximately 10 minutes. Currently, it has reduced about 105.8 BTC longs, with a total value of approximately $10.27 million. This series of operations has realized a total closed profit of about $366,000.
After reducing its position, the BTC long holdings are still valued at around $12.454 million, with an average price of $93,500. The address is known for its swing trading style, with a historical win rate of 78% in long trades, and has previously recorded significant swing profits on tokens such as XPL and HYPE.