{"id":77261,"date":"2026-08-25T10:12:03","date_gmt":"2026-08-25T10:12:03","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-whale-closes-2-month-long-banks-11-6m-profit\/"},"modified":"2026-08-25T10:12:03","modified_gmt":"2026-08-25T10:12:03","slug":"bitcoin-whale-closes-2-month-long-banks-11-6m-profit","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-whale-closes-2-month-long-banks-11-6m-profit\/","title":{"rendered":"Bitcoin Whale Closes 2-Month Long, Banks $11.6M Profit"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Onchain analysts highlighted two wallets, potentially belonging to the same investor, closing a bitcoin long for an $11.6 million profit.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin has climbed from $58,000 to above $81,000.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The exit adds to whale profit-taking as traders watch whether bitcoin price holds $81,000.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Two Months, One Exit<\/h2>\n<p>Blockchain analytics platform Lookonchain <a href=\"https:\/\/x.com\/lookonchain\/status\/2092118998511202313\" target=\"_blank\" rel=\"noopener noreferrer\">identified two addresses<\/a> (0x5FA and 0x237) that may belong to the same trader. Both wallets closed their bitcoin long positions simultaneously, ending a trade that the individual had held for nearly two months.<\/p>\n<p>The combined profit came in at $11.6 million, though the exact entry price and position size are still not known. The timing, quite obviously, aligns with bitcoin\u2019s massive $20,000 jump to $81,000 on August 25 (a rally of more than 25% over the holding period).<\/p>\n<p>Bitcoin\u2019s push through $80,000 came the same day BitMEX co-founder Arthur Hayes <a href=\"https:\/\/cryptohayes.substack.com\/p\/same-same-but-different\" target=\"_blank\" rel=\"noopener noreferrer\">argued in a new essay<\/a> that the U.S. Treasury\u2019s expanded bond buyback program marked the start of a fresh bull market for the asset, a thesis that dovetails with the exact window this whale held its position.<\/p>\n<h2>A Rally Built on Liquidations<\/h2>\n<p>The whale\u2019s exit is just one of several developments that have contributed to bitcoin price moving by five figures. Data shows that BTC\u2019s surge to $81,000 came as $225 million in short positions were liquidated from the crypto market within 10 minutes, a cascade that can easily move prices up.<\/p>\n<p><\/p>\n<p>Moreover, some large holders have used the run-up to lock in gains after <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-rips-toward-70k-as-1-3b-short-squeeze-erupts\/\">months of sitting on paper losses<\/a> for much of this year, given bitcoin has traded well below $70,000 during a sizable chunk of this time window. Others have continued adding to positions, betting the move higher still has room to run.<\/p>\n<p>Bitcoin\u2019s third quarter has stood out as <a href=\"https:\/\/news.bitcoin.com\/featured\/bitcoin-best-q3-since-2021-price-performance\/\">one of its strongest since 2021<\/a>, and price action in the back half of August has done much of the work. Whether the wallet action as described above represents smart money calling a local top, or simply a trader taking a disciplined profit after a two-month hold, stands to become clear only in the coming few weeks.<\/p>\n<h2>Bitcoin Price Levels Need to Stabilize<\/h2>\n<p>The next few days will be crucial for the market as retail traders and institutions alike will be curious to see if the <a href=\"https:\/\/news.bitcoin.com\/market-updates\/bitcoin-price-drives-toward-80k-as-economist-warns-of-massive-qe\/\">$80,000 holds as a new support level<\/a> or whether the aggressive short liquidations that fueled the latest leg give way to profit-taking pressure. Moreover, <a href=\"https:\/\/x.com\/PeterSchiff\/status\/2091885970530427260\" target=\"_blank\" rel=\"noopener noreferrer\">fears of a massive quantitative easing<\/a> also loom large on the horizon, potentially affecting bitcoin price movements.<\/p>\n<p>Lastly, with a growing With Hayes and other macro voices <a href=\"https:\/\/cryptohayes.substack.com\/p\/same-same-but-different\" target=\"_blank\" rel=\"noopener noreferrer\">arguing that Treasury liquidity dynamics could push BTC toward six figures<\/a>, the coming days should show whether whale exits like this one are the exception or the start of a broader trend.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/crypto-news\/bitcoin-whale-closes-2-month-long-11-6-million-profit\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Onchain analysts highlighted two wallets, potentially belonging to the same investor, closing a bitcoin long for an $11.6 million profit. Bitcoin has climbed from $58,000 to above $81,000. The exit adds to whale profit-taking as traders watch whether bitcoin price holds $81,000. Two Months, One Exit [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":77262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77261"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=77261"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/77261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/77262"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=77261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=77261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=77261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}