Recently, I noticed a rather bold transaction in the market — a trader accumulated 600 BTC in less than 20 minutes at an average price of approximately $70,236. This approach is quite aggressive; they used 30x leverage to open a long position worth over $42 million. Looking at the numbers, their unrealized profit has already reached $570,000, but the stop loss is set at $66,943 — also quite close.



By the way, the current BTC price has risen to $78K, so this position is quite in the green. However, with such 30x leverage, any movement could have a significant impact. Recently, large transactions like this have been appearing quite frequently, indicating that whales are becoming more active.
BTC-0.43%
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