「Today's BTC Largest Long Position」: Whale Opens $12.16 Million Long Position with High Leverage, Plans to Take Profit at $73,650 Price
BlockBeats News, June 1st, according to Coinbob Popular Address Tracker, today's largest BTC position opening on Hyperliquid was by a whale starting with 0x0df. The whale initiated a long position 1 hour ago with 40x leverage for 167 BTC, with a position value of approximately $12.16 million and an average entry price of around $72,800.
It is reported that the address has set a take-profit price of $73,650 and a stop-loss price of $72,000. It is estimated that if BTC rises to the take-profit price, the position will be closed with a profit of approximately $124,000, corresponding to a return on margin of about 40%.
Since depositing funds five days ago, the holder has been consistently conducting intraday scalping trades on BTC and has accumulated profits of $630,000 to date.
Address: 0x0df25979a16d993e55bd58d05b6197c71634ab64
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
US Senate Finance Committee Chair subpoenas Jensen Huang and Lutnick to testify on Nvidia controversy
The AI feast continues! Anthropic (ANT.US) IPO oversubscribed six times, expected to surpass SpaceX as the "largest IPO in history"
According to sources familiar with the matter, Anthropic PBC's initial public offering (IPO) has attracted orders that are approximately six times the available shares for subscription, as market interest continues to rise in what could become the largest IPO in history.
Crypto prices
More
