HuoXing Finance reports that, on April 9, according to Hyperinsight monitoring, a whale address starting with 0xe84 opened a short-term BTC long position with 40x leverage, totaling $3.55 million at an average price of $70,965 and a liquidation price of $69,226. After realizing modest unrealized profits, the address has placed a sell order of approximately $1.94 million at $70,800, aiming to partially take profit at this level. Address: 0xe84fbad5e9ae5f2111d0608dab25dfba8004f964
Whale opens a 40x leveraged BTC long position worth $3.55M, sets stop-loss at $70,800
MarsBitShare
Summary
A whale with the address 0xe84... opened a 40x leverage trading position in Bitcoin worth $3.55 million on April 9, entering at $70,965 with a stop-loss set at $69,226. After securing some profits, the whale placed a $1.94 million sell order at $70,800 to partially lock in gains. This move underscores the use of leverage trading and stop-loss strategies in volatile markets.
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