The whales that are going long lead by opening a 20x leveraged BTC long position, with the position size reaching $8.4 million in a short time

BTC-3,89%

BlockBeats news, on March 27, according to Hyperinsight monitoring, the leading bullish “30 times long position, repeatedly fighting” whale (0x8d0) briefly opened a 20x leveraged BTC long position, with an average entry price of about $67,740. The position size rapidly increased to 124 BTC within 10 minutes, approximately totaling $8.4 million.

Shortly after the position was established, the address reduced its holdings by about 24 BTC while having a small profit, bringing the position size down to 100 BTC, approximately totaling $6.791 million.

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