Bitget App
Trade smarter
A Whale Opens $103 Million BTC Long Position with 40x Leverage
Show original
According to a report by Jinse Finance, on-chain analytics platform Lookonchain has monitored that a certain trader sold BTC spot and initiated a 40x leveraged long position in BTC, with a position value of approximately 970 BTC (about $103 million). This trader has previously incurred losses of over $6 million.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$114,388.35
+0.59%
Ethereum
ETH
$4,419.89
+0.90%
XRP
XRP
$3
+0.18%
Tether USDt
USDT
$1
+0.00%
BNB
BNB
$895.74
+0.05%
Solana
SOL
$227.59
+1.96%
USDC
USDC
$0.9998
-0.01%
Dogecoin
DOGE
$0.2486
+2.45%
TRON
TRX
$0.3457
+2.13%
Cardano
ADA
$0.8797
-0.52%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now