Contract Whale 'First Set 10 Big Goals' Sets Sights on $64,000 Bitcoin Price

The contract whale 'First Set 10 Big Goals' has announced a trading plan that involves entering new long positions in Bitcoin if the price of $64,000 is not effectively breached. The whale had previously entered a long position at around $64,980 but closed it after the price dropped to $64,000-$64,300 and triggered a stop loss. This was done to prevent further rapid decline to $63,000.

The trading plan states that if $64,000 is not effectively broken, positions will be re-entered around $64,000 on Monday and Tuesday next week. The new stop-loss price will be set at $63,500-$63,000.

In the last round, 150 BTC were used to open positions targeting $150 million, but only realized a profit of $120 million. This time, the whale is using 300 BTC to target $300 million in profits, with $60 million already realized so far.