Whale Suffers $368,000 Loss After 40x BTC Long Position Triggers Stop-Loss Within 18 Hours

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A whale lost $368,000 after a 40x BTC long position triggered a stop-loss strategy within 18 hours. The $38.67 million position was opened at $64,469 and closed at $63,859 as BTC declined nearly 1%. Trading positions at such high leverage carries substantial risk, particularly in volatile markets.

ChainThink reports that on July 25, according to on-chain analyst Aunt Ai (@ai_9684xtpa), a whale took a 40x leveraged long position on BTC last night and has since cut losses, holding the position for approximately 18 hours.

The position size was approximately $38.67 million, with a single loss of $368,000; the entry price was $64,469, the stop-loss price was $63,859, and the stop-loss was triggered after the BTC price dropped by approximately 1%.

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