Whale Shifts From STRK to $11.1 Million Bitcoin Long Position

A crypto whale closed a large Starknet (STRK) long position and shifted into an $11.119 million Bitcoin (BTC) long as STRK continued to underperform the broader market on Oct. 13. The address liquidated about 26.31 million STRK at $0.0848 after the token’s rebound fell short of expectations. The trade produced an estimated net profit of approximately $184,000 after earlier gains declined. The new BTC position carries an average entry price of $81,819.90. It uses 40x isolated leverage and has a full-position market stop-loss trigger at $79,000.

Source: TokenPost