A whale went 40x long on 603.71 BTC, and the liquidation price is $63,667

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Golden Finance reports: On July 25, according to ai_9684xtpa monitoring, a whale address (0x854…c775e) opened a 40x leverage BTC long order at 22:30 last night. It allocated 603.71 BTC, with an opening price of approximately $64,469, and a notional position value of about $38.67 million. Currently, the position is floating at a loss of roughly 259k. In addition, the same address has also placed limit long orders worth about $31.441 million in the $63,500 to $63,674 range. If all orders are filled, its BTC long holdings will increase to about $70.11 million. Data shows that this address previously mainly used a short-term trading strategy, and its holding time typically lasted only a few hours. The size of this long position has already become the sixth-largest position this year; if all its subsequent limit orders are filled, it could become its largest BTC long operation for the year.
BTC-1.74%
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