Whale Opens $40.3M BTC and ETH Long Positions at 20x Leverage

iconTechFlow
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
A whale address (0x049b) opened leveraged long positions in BTC and ETH through leverage trading, totaling $40.29 million. The ETH position consists of 9,256 ETH ($20.16 million) with a liquidation price of $2,095.13. The BTC position holds 282.47 BTC ($20.13 million), liquidating at $68,132.62. Traders are monitoring key support and resistance levels as the whale’s move increases market pressure.

According to on-chain analytics platform Lookonchain (@lookonchain), over the past hour, address 0x049b opened long positions in ETH and BTC with 20x leverage: the ETH position size is 9,256 ETH, valued at approximately $20.16 million; the BTC position size is 282.47 BTC, valued at approximately $20.13 million, totaling around $40.29 million. The current liquidation prices for these positions are: ETH at $2,095.13 and BTC at $68,132.62.

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.