A BTC whale with 40x leverage continues to increase positions, with unrealized gains exceeding $1 million
According to a report by Jinse Finance, monitored by Lookonchain, as BTC rises, a whale using 40x leverage to long BTC continues to chase higher, increasing its long position. The position has now grown to 1,250 $BTC (approximately $135 million), with unrealized profits exceeding $1 million.
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A Whale Goes Short, Places 40x Leveraged Bet on BTC Pullback
Data: 492,500 UNI transferred from Galaxy Digital to an exchange, worth approximately $3.02 million
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