The trader, after suffering a cumulative loss of $4.89 million, went long on BTC with a large position. They currently hold a $5.43 million long position in Bitcoin.

BTC0%
HYPE0%
PUMP0%

BlockBeats News, July 16th, according to OnchainLens monitoring, a trader who had accumulated losses of $4.89 million has doubled down on a long position. They currently hold 84 BTC long contracts, worth approximately $5.43 million, with 40x leverage. The account also holds approximately $290,000 worth of HYPE long contracts and approximately $148,000 worth of PUMP long contracts.

In addition, the trader has placed a limit buy order for 6.56 BTC, worth around $424,000, with the order price set at $64,600 per BTC.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Related NewsView all

LDO, UNI and AAVE Monthly Gains Exceed 27%: Is DeFi Rotation Building?

【Whale Discovery】 Which Way Will BTC Go in the Short Term? Today's Largest New Position Writes Three Scenarios with $45.9 Million

Yesterday, the US Bitcoin spot ETF saw a net inflow of $107.7 million, while the Ethereum spot ETF had a net inflow of $53.9 million.

Hot

Coins
Price
24H Change