Blockchain tracking account Lookonchain reported that three on-chain addresses have opened leveraged long positions in Bitcoin and Ether with a combined notional value of roughly $149 million. According to the disclosed position data, the address beginning with 0x15a4 went long 1,000 BTC using 40x leverage, representing about $63.8 million. Another address beginning with 0x7fba opened a 10x leveraged long on 30,627 ETH, worth around $54.9 million. A third address beginning with 0xe069 went long 470.4 BTC with 20x leverage, equivalent to roughly $30 million. The trades point to large directional bets on BTC and ETH from whale-sized market participants.
According to on-chain tracker Lookonchain, three blockchain addresses have opened leveraged long positions in BTC and ETH with a combined value of about $149 million. The disclosed positions are concentrated in the two largest crypto assets and reflect sizable directional bets from whale-scale traders.
More specifically, the address starting with 0x15a4 went long 1,000 BTC using 40x leverage, a position valued at around $63.8 million. The address beginning with 0x7fba opened a 10x leveraged long on 30,627 ETH, worth about $54.9 million. Meanwhile, the address starting with 0xe069 went long 470.4 BTC with 20x leverage, representing roughly $30 million in notional exposure.
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