A Bitcoin whale, identified as "30 Attempts to Go Long Despite Repeated Losses" (0x8d0), incurred a 21% loss after reopening a 20x leveraged long position on April 1. The position, entered at an average price of $68,333 for 100 BTC, valued at approximately $6.76 million, quickly turned unfavorable. Within three hours, the unrealized loss reached about $70,000, highlighting the risks of high-leverage trading in volatile markets.
BTC Whale Faces 21% Loss on High-Leverage Long Position
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