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A major whale has opened a $2.7 million BTC long position, planning to cut half of the position if the price drops back to $68,300.
Mars Finance reports that on March 27, according to monitoring by Hyperinsight, a whale starting with 0xe84 opened a 40x leveraged BTC long position, with a holding size of $2.7 million, an average price of $68,664, and a liquidation price of $67,726. This whale has also placed a market sell order, planning to execute a stop loss if the price drops to $68,300, reducing half of the position.