Address Opens $38.67M BTC Long with 40x Leverage, Places Large Limit Orders

iconAiCoin
Share
AI summary iconSummary
A wallet opened a 40x long position of 603.71 BTC, valued at $38.67 million, at $64,469 on July 24, 2026, at 18:30 UTC+8. The position is currently down $259,000. The address has placed $31.44 million in limit buy orders between $63,500 and $63,674. If filled, the total position value would reach $70.11 million. This is the sixth-largest BTC long-term investment position of the year and could become the largest. The order structure clearly reflects a position trading strategy.

According to on-chain analyst Aunt Ai, an address opened a 40x long position of 603.71 BTC at 18:30 UTC+8 last night, valued at $38.67 million, with an entry price of $64,469, resulting in a current unrealized loss of $259,000. The address has placed limit buy orders totaling $31.44 million between $63,500 and $63,674; if fully filled, the total position will reach $70.11 million. This address has historically favored short-term strategies, and this long position is the sixth largest of the year—if fully filled, it will become the largest of the year.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.