ChainCatcher reported that on-chain analyst Onchain Lens (@OnchainLens) detected a whale address opening high-leverage long positions in both BTC and ETH. According to the monitoring data, the address holds 1,036.37 BTC with 20x leverage and 6,291 ETH with 23x leverage.
The combined value of the two positions is approximately $79.55 million. A long position reflects a trade direction based on price appreciation, while leverage expands the notional size of the position. In this case, both the BTC and ETH positions are using elevated leverage levels, and the reported position size places the address within whale activity tracked on-chain.
Onchain Lens also stated that the same address had previously accumulated more than $4 million in profit through both long and short trades involving BTC and ETH. The disclosed information covers the current direction, asset amounts, leverage ratios and total position value of the whale’s open positions.