Bitcoin Buy Orders Triggered as Trader Adds Lower Bids After Pullback

On September 11, TradingBeats reported that a Bitcoin pullback accumulation plan tracked earlier by Pro has now resulted in actual executions. According to BlockBeats On-chain Detection, two BTC buy orders placed by an address starting with 0xb1ec were triggered in sequence, totaling 351.61 BTC. The trades were completed for about $27.152 million. On September 9, the address had been deploying roughly $27.306 million in BTC buy orders between $77,338 and $77,777, waiting for a price retracement. The trader later adjusted the strategy on September 10, canceling the $77,777 buy order and moving the original order for 257.15 BTC down to $77,177, while keeping the $77,338 order in place. Both orders were fully filled overnight, as BTC was trading at about $76,759. After the fills, the address still held a 212.52 BTC long position worth about $16.313 million, with an average entry price of about $77,287.4 and an unrealized loss of about $112,000. The address then placed new lower bids, including 250 BTC at $76,145 and 400 BTC at $75,433. The two new orders total about $49.21 million, with the planned purchase size about 3.1 times the current BTC long position. Pro-tracked deeper support orders also remain active, with addresses including 0x92b7, 0xec4a, 0x795c, and 0x6646 keeping about $91.2 million in BTC buy orders between $73,010 and $75,551. TradingBeats said it will continue monitoring whether the filled position returns to profit and whether the lower bids are executed.