Odaily reported that, according to monitoring by Onchain Lens, one address has opened leveraged long positions in both BTC and ETH. The BTC position consists of 1,036.37 BTC with 20x leverage, while the ETH position consists of 6,291 ETH with 23x leverage. Together, the two positions have a stated value of $79.55 million.
Leveraged Longs Concentrated in BTC and ETH
The disclosed positions are focused on the two major crypto assets named in the monitoring update. A long position is a trade direction aligned with price increases, and leverage magnifies the notional size of the position relative to the capital posted. The information released in the report includes the asset amounts, leverage multiples, and combined position value, but it does not provide entry prices, margin size, liquidation levels, or related order details.
Onchain Lens also noted that the same address had previously earned more than $4 million through BTC and ETH long and short trading. The latest positions therefore remain within the same BTC and ETH trading scope referenced in the monitoring data. The update was published as an on-chain monitoring item cited by Odaily.