A whale opened a total of $190 million in BTC and ETH long positions with 50x leverage, facing extremely high liquidation risk
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Odaily reported that user @Rocky_Bitcoin posted on X platform, stating that on-chain data shows a whale recently opened large long positions with 50x leverage, including a $120 million ETH long and a $70 million BTC long, totaling around $190 million. The entry prices were $2,196.91 for ETH and $58,880.80 for BTC. As of the time of writing, the prices are $2,226 for ETH and $55,862 for BTC. Investors should closely monitor the market trend and pay attention to risk management.
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