A new report indicates a whale also opened a separate 40x leveraged Bitcoin short above $74,000, highlighting rapid directional bets and the elevated risk tied to high-leverage crypto trading.
Existing information on wallet 0xa95 described a 40x leveraged Bitcoin long worth $4.1 million entered at $74,398, with a liquidation price of $73,463, a stop-loss at $73,468, and an unrealized loss of about $13,000 at the time cited. New content adds that, according to Hyperinsight on March 18, a whale opened a separate 40x leveraged Bitcoin short after BTC briefly moved above $74,000. That short was opened at an average price of $74,050, had a position size of $1.12 million, and was showing a $1,300 unrealized loss.