New Address Opens 40x Leveraged Long Position of 181.3 BTC Yesterday Evening

According to Hyperinsight monitoring, a new address received approximately $464,000 from three sources yesterday evening and entered a Bitcoin futures contract. The address initially opened a short position of 68.1 BTC, then switched directions multiple times before committing to a long position. It purchased 181.3 BTC at an average price of $66,411.6, accumulating a position value of approximately $12.026 million at current spot prices.

The address is now holding a 40x leveraged long position with a liquidation price of $64,580.7. As of reporting, it has an unrealized loss of approximately $13,000, representing a -4.3% return. The trader has placed a take-profit order at $67,300.0 covering the entire position.