Whale Boosts BTC Long, Targets $120K Exit
Whale 0xab15 adds more to his $BTC long, now holding 752 BTC with $774K unrealized profit. His new target: $120,000.
- Whale 0xab15 increases his BTC long position to 752 BTC
- His unrealized profit now stands at $774K
- Sets a bullish take-profit target of $120,000
Crypto whale activity is once again stirring interest among market watchers. Whale 0xab15 has significantly added to his BTC long position, now holding a hefty 752 BTC, valued at approximately $86 million. This move reflects growing confidence in Bitcoin’s upward potential, even amid market volatility.
The whale’s average entry price remains unconfirmed, but with an unrealized profit of $774,000, it’s clear he’s already in the green. Notably, this position signals a strong belief in Bitcoin’s resilience and upcoming bull cycle continuation.
Bullish Bet on Bitcoin: $120K Target
What’s capturing most attention is the whale’s newly adjusted take-profit level—set boldly at $120,000 per BTC. This optimistic target hints at expectations of a major breakout in the coming months, possibly aligned with macroeconomic events or Bitcoin ETF flows.
While analysts remain divided on the timeline, many agree that such strategic moves by experienced whales can often prelude large market shifts.
Retail and institutional traders are now watching closely: Will other large holders follow suit, pushing BTC higher in anticipation of a strong Q4?
What This Means for the Market
Whale moves often act as leading indicators of market sentiment. When a seasoned address like 0xab15 doubles down on a long position and sets a six-figure price target, it can influence broader trading behavior.
Still, traders should proceed with caution. While the market may follow the lead of such whales, Bitcoin’s price remains susceptible to both technical and macroeconomic triggers.
That said, this whale’s $120K take-profit level serves as a psychological beacon—and a reminder that confidence in Bitcoin’s long-term trajectory is far from fading.
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- France Eyes Bitcoin Mining with Nuclear Energy
