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Whale opens 40x leverage to go long on BTC, with a $22.93 million position and only 1.3% margin for error.

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[Crypto World] On-chain monitoring has uncovered a major player making a bold move — opening a 40x leverage long position on BTC. The position is sizable, with a total value of $22.93 million, entered at $102,700.

Notably, the liquidation level for this position is set at $101,398. This means that if Bitcoin pulls back by less than 1.3%, this whale will be forced to liquidate. Such high leverage combined with a narrow safety margin suggests extreme confidence in the short-term market or a high-stakes gamble on an upcoming positive catalyst.

Movements by high-leverage traders often reflect extreme market sentiment, so the future trajectory of this position warrants close attention.

BTC-1.57%
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BuyTheTopvip
· 15h ago
Expert at bottom-fishing actively trading cryptocurrencies
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ResearchChadButBrokevip
· 16h ago
Recently, I seem to be too rich...
View OriginalReply0
OnlyUpOnlyvip
· 16h ago
The evidence is clear: retail investors are getting squeezed.
View OriginalReply0
SchrödingersNodevip
· 16h ago
Wow, these retail investors really dare to play.
View OriginalReply0
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