A certain whale went long on leverage, with a 40x long position worth approximately $30.6 million in BTC
BlockBeats News, May 28th, according to LookIntoChain monitoring, yesterday, a whale deposited 6.2 BTC (approximately $455,000) into Hyperliquid and sold it. Subsequently, they opened a short position with a value of approximately $10.66 million, with a position size of 145.42 BTC. One hour ago, they closed the short position with a profit of $311,600 and then went long.
Currently, they are long with 416.6 BTC at 40 times leverage, with a position value of approximately $30.6 million, and have set a $74,400 take-profit price. If triggered, the expected profit is around $439,000. The current liquidation price is $72,430.3.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Epsilon Energy CEO Jason Stabell acquires 23,104 common shares worth $136,021.66
Another $1.5 billions before IPO! Nvidia (NVDA.US) increases investment in SB Energy, reaching a total of $3 billions
Nvidia will further increase its investment in SB Energy Inc., a data center infrastructure provider backed by SoftBank Group, ahead of SB Energy’s planned US initial public offering (IPO). Nvidia plans to invest an additional $1.5 billion, bringing its total investment in SB Energy to $3 billion.
Crypto prices
More
