PANews reported on June 10 that according to monitoring by on-chain analyst Yu Jin, as BTC hit $110,000 again, the whale that used 10 million USDC to open a long position on BTC yesterday has now made a floating profit of $5.87 million.

He has been increasing his position since he started building it at 5 pm yesterday, and is still increasing it now. The value of his BTC long position is now as high as $250 million.

Current position: 20x long position of 2,276 BTC, with a position value of $250 million. Opening price: $107,637, liquidation price: $105,110. Current floating profit: $5.87 million.