Bitcoin Drops Below $83,000 as Top Trader’s Floating Profit Hits $24.41M

Flash

March 4, 2025 10:50 AM

In Brief
BTC has fallen below $83,000, marking continued market volatility.
A high-profile trader, "First set 10 big goals," holds 2,285 BTC with an estimated $24.41 million in unrealized profit.

Bitcoin’s price decline below $83,000 has drawn attention to major trading activity, as data from Odaily analyst @ai_9684xtpa reveals that the well-known trader “First set 10 big goals” has hidden their positions after opening at $93,729 with 2,285 BTC. If their position remains open, the floating profit stands at $24.41 million.

The trader’s strategic approach and market timing have made them a focal point in the crypto trading community. However, with BTC experiencing downward pressure, market participants are watching closely to see whether this position will be closed or adjusted.

Disclaimer: Backdoor provides informational content only, it is not offered or intended to be used as legal, tax, investment, financial, or other advice. Investments in digital assets involve risk, and past performance does not guarantee future results. We recommend conducting your own research before making any investment decisions.