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Data: 40x leverage, mainly short-term positions; an address goes long $38.67 million in BTC.

MarsBitNews
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Mars Finance news: According to on-chain analyst Ai Yi, a certain address opened 603.71 BTC worth of over 40x long positions at 10:30 last night, with a value of $38.67 million and an entry price of $64,469. It is currently showing an unrealized loss of $259k. In addition, the same address also placed $259k limit long orders in the $63,500 to $63,674 range. If all orders are filled, the total open position will expand to $31.44M. The address has previously focused mainly on short-term strategies, with holdings usually lasting only a few hours. This long position size is the sixth-largest of the year, and if fully filled, it would become the largest size of the year.
BTC-1.74%
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