Trader Opens $38.67M Bitcoin 40x Long with 603.71 BTC at $64,469

BTC0.21%
According to ChainCatcher, on-chain analyst Ai Yi detected that a trader opened a 40x leveraged long position with 603.71 BTC valued at $38.67 million last night at 10:30 PM, with an entry price of $64,469. The position is currently down $259,000. The same address also placed limit buy orders totaling $31.44 million between $63,500 and $63,674, which if fully executed would bring the total position to $70.11 million. The address primarily uses short-term strategies with positions typically held for just hours; this long is the sixth-largest position size for the year.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments