Last night, a whale opened a long position with 1,200 BTC, exiting with a stop-loss after a 17-hour loss of $4.48 million

According to Ember monitoring, a whale closed its long position of 1,200 BTC half an hour ago, valued at approximately $126 million. The position was held for 17 hours, resulting in a loss of $4.48 million.
Data shows that the address opened a long position on BTC last night at an average price of about $108,700, after which the BTC price continued to decline. Ultimately, the address chose to stop loss near approximately $105,000.