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A Whale Goes Long on BTC with 40x Leverage, Reaching a $103 Million Position

2025-06-25 18:16

BlockBeats News, June 25th, according to LookIntoBitcoin monitoring, a whale with address 0x4227 sold its BTC spot and opened a 40x leveraged long position on BTC, holding 970 BTC (worth $103 million).


The whale has already lost more than $6 million.

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