Blockchain tracker Lookonchain said on July 22 that whale address 0x007d has taken a large bullish position tied to the Nasdaq 100 Index. Over the past 20 hours, the address opened a 20x leveraged long position of 2,353 XYZ100, with a notional value of about $68.2 million. The position was showing an unrealized loss of roughly $85,000 at the time of the update. Data cited by Lookonchain also showed the liquidation price at $26,833.85. The trade points to a sizable directional bet by the address on further upside in the Nasdaq 100.
BlockBeats reported on July 22 that, according to Lookonchain, whale address 0x007d is making a large bullish bet on the Nasdaq 100 Index.
Over the past 20 hours, the address opened a 20x leveraged long position of 2,353 XYZ100, carrying a notional value of about $68.2 million. The position was showing an unrealized loss of $85,000 at the time of the update, and the liquidation price was listed at $26,833.85.
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