Huo Xing Finance reports that on July 22, according to Lookonchain monitoring, the whale address 0x007d is heavily betting on a rise in the Nasdaq 100 Index. Over the past 20 hours, this address opened a 20x leveraged long position of 2,353 XYZ100 contracts, with a notional value of approximately $68.2 million, currently carrying an unrealized loss of $85,000. Data shows that the liquidation price for this position is $26,833.85.
Whale Opens a $68.2M 20x Long Position on the Nasdaq 100 Index
MarsBitShare
Summary
A whale has opened a 20x long position on the Nasdaq 100 index using position trading, with a notional value of $68.2 million. According to Lookonchain, the position sizing was executed over the past 20 hours by address 0x007d. The position is currently down $85,000 and faces liquidation at $26,833.85.
Source:Show original
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.