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A certain contract whale went 20x long on BTC in the past day, with an overall position size exceeding $63 million
BlockBeats News, January 25, according to Hyperinsight monitoring, the whale address starting with 0x50b3 began longing BTC with 20x leverage in the past 1 day. After multiple additional positions, the current long position size is 379.62 BTC, equivalent to $33.69 million, with an unrealized loss of $209,000 and an entry price of $89,318.
In addition, the same address has also opened multiple 25x leveraged ETH short positions or hedges, with the current short position size of 9999 ETH, equivalent to $29.36 million, with an unrealized loss of $15,000 and an entry price of $2,935.
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