PANews, July 25: According to on-chain analyst Ai Yi, the address 0x854…c775e opened a long position of 603.71 BTC at 10:30 PM last night with 40x leverage at an entry price of $64,469, resulting in an unrealized loss of $259,000. Additionally, the address has placed limit buy orders totaling $31.44 million between $63,500 and $63,674. If fully filled, the total position will expand to $70.11 million. This whale has primarily employed short-term trading strategies in the past, typically holding positions for only a few hours. This long position is the sixth largest of the year; if fully executed, it will become the largest.
Whale opens a 603.71 BTC long position with 40x leverage and places $31.44M limit orders.
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Summary
Whale activity saw a major move as a whale address (0x854…c775e) opened a 603.71 BTC long position at $64,469 with 40x leverage, now down $259,000. The whale also placed $31.44 million in limit orders between $63,500 and $63,674. If filled, the total position would reach $70.11 million—the largest of the year. Leverage trading at this scale signals strong conviction in the near-term price direction.
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