With 40x leverage and a focus on short-term positions, a certain address has gone long on $38.67 million worth of BTC
Svmuu News: According to monitoring by on-chain analyst "Aunt Ai," a certain address opened a 40x leveraged long position of 603.71 BTC at 10:30 p.m. last night, worth $38.67 million, with an entry price of $64,469. The position is currently showing an unrealized loss of $259,000. In addition, the address has placed limit orders totaling $31.441 million in the price range of $63,500 to $63,674. If all orders are filled, the total position will expand to $70.111 million. This address has historically focused on short-term strategies, with positions typically held for only a few hours. This long position is the sixth-largest of the year; if fully executed, it would become the largest of the year.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Saudi Arabia adopts new, pricier route to export oil via Mediterranean port
-
2
An Analysis of the Multiple Meanings of ODA: Different Project Backgrounds and Investment Risk Assessments
-
3
Investors Rotate Out of Chip Stocks
-
4
Analysis of the Investment Value and Future Prospects of the LAMBO Token: An Examination of Multiple Projects
-
5
FALQOM Token Analysis: A Closer Look at the Falcon Finance (FF) Project and Its Future Prospects
-
6
A Complete Guide to OKX (OKX) Account Registration and Identity Verification
-
7
DUO Network Token (DUO) Value Analysis: Project Status and Investment Considerations
-
8
A Selection of USDT Trading and Exchange Platforms: An Analysis of the World’s Leading Stablecoin Trading Channels
-
9
What Is SSV Coin? An Analysis of the SSV Network’s Core Technology and Trading Platform
-
10
PRARE (Polkarare) Project Overview and Market Performance Analysis
Markets Today
Recommended Reading










