A cryptocurrency address beginning with 0x049 has re-entered the market with significant long positions in Bitcoin (BTC) and Ethereum (ETH) after a week of inactivity. According to Coinbob's monitoring, the address opened $40 million in leveraged positions following BTC's recent price movements. The BTC position consists of 279.8 BTC, valued at approximately $20.06 million, with an average entry price of $71,479 and a liquidation price of $68,784. The ETH position includes 8,918 ETH, worth about $19.97 million, with an average entry price of $2,242 and a liquidation price of $2,174. Since February, the address has accumulated $5.62 million in profits, including $2.33 million in the past month, with an average holding duration of 217 hours.
0x049 Address Rebuilds $40M BTC and ETH Long Positions with 20x Leverage
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