ChainCatcher reports that according to on-chain analyst Yu Jin's monitoring, as BTC surged past 110 thousand USD again, a whale who openly opened a long position on BTC using 10 million USDC yesterday has currently realized an unrealized profit of 5.87 million USD.

He has been increasing his position continuously since he started building the position at 5 PM yesterday and is still adding to it. His BTC long position is now valued at as high as 250 million USD.

Current position details: 20x long 2,276 BTC, position value 250 million USD. Entry price 107,637 USD, liquidation price 105,110 USD. Current unrealized profit is 5.87 million USD.

Previously reported, this whale took a long position on BTC with 20x leverage, with a position size exceeding 84.50 million USD.