A whale opened a long position of 603.71 BTC with 40x leverage and placed a $31.44 million limit order for the long position.

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PANews July 25日消息, according to on-chain analyst Ai Yi, the address 0x854…c775e opened a BTC long position of 603.71 BTC at 10:30 last night with 40x leverage at an entry price of $64,469. It is currently in an unrealized loss of $259k; in addition, it has also placed limit long orders totaling $259k in the $63,500 to $63,674 range. If all orders are filled, the total position will expand to $31.44M. This whale has historically mainly used a short-term strategy, with most holdings lasting only a few hours. This time, the long position size is the sixth-largest this year, and if all are filled, it will become the largest in size.

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