On July 25, according to monitoring by ai_9684xtpa, a whale address (0x854…c775e) opened a 40x leveraged BTC long position at 22:30 last night, investing 603.71 BTC. The opening price was approximately $64,469, with a notional position value of about $38.67 million.

The position is currently down by about $259k. In addition, the address has also placed limit buy orders valued at about $259k in the $63,500 to $63,674 range. If all orders are filled, its BTC long holdings would increase to approximately $70.11 million.

Data shows that this address previously mainly used a short-term trading strategy, with holding periods usually lasting only a few hours. This long position’s size has already ranked among the top six positions this year. If the subsequent limit orders are fully filled, it may become its largest BTC long trade for the year. #夏日创作营