PANews, October 16: According to on-chain analyst Yujin, trader 0x30a...93e opened a long position worth $187 million with maximum leverage four hours ago, including 1,822 BTC (approximately $150 million) and 15,270 ETH (approximately $37.33 million). The trader’s most successful previous trade yielded $14.8 million: they went long on NEAR at $2.14 at the end of August and closed at $4.88 at the end of September.
Trader Opens $187M Long Position in BTC and ETH with Maximum Leverage
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Summary
A trader with address 0x30a...93e opened an $187 million long position in BTC and ETH using maximum leverage, focusing on position trading. The position consists of 1,822 BTC ($150 million) and 15,270 ETH ($37.33 million). The same trader previously earned $14.8 million from a NEAR long position in late August. Position sizing appears to be a key component of their strategy, with significant exposure established in a single trade.
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