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Home News Whale Trader Opens 20x Leveraged Long Position on BTC, Reaching $8.4M Position Size Temporarily

Whale Trader Opens 20x Leveraged Long Position on BTC, Reaching $8.4M Position Size Temporarily

Whale Trader Opens 20x Leveraged Long Position on BTC, Reaching $8.4M Position Size Temporarily

BlockBeats News, March 27th, according to Hyperinsight monitoring, the leading long position whale “30 Longs, 30 Battles” (0x8d0) opened a short-term 20x leveraged BTC long position with an average entry price of about $67,740. The position quickly increased to 124 coins, equivalent to about $8.4 million, within 10 minutes.

Shortly after establishing the position, the address took some profits by reducing the position by about 24 coins, bringing the position size down to 100 coins, approximately $6.791 million.

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