A whale repeatedly loses but continues to increase its Bitcoin long position, with a position value nearing $50 million
Svmuu reports, according to Onchain Lens monitoring, whale 0xebe previously suffered losses exceeding $3.4 million on a Bitcoin long position. However, it subsequently opened a new leveraged long position on Bitcoin. Data shows that the address has established a new 5x leveraged long position of 812.46 BTC, with a position value of approximately $49.55 million. This position is currently showing an unrealized loss of over $260,000.
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Source:Odaily · Source Link
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