Bitget App
Trade smarter
A trader goes long on 970 BTC with 40x leverage after selling BTC spot
Show original
According to Foresight News, monitoring by Lookonchain shows that after selling its spot BTC holdings, the address starting with 0x422 opened a 40x leveraged long position on BTC, with a position size of 970 BTC (worth approximately $103 million). This trader has already incurred losses of over $6 million on perpetual contracts.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Emory University’s bitcoin ETF holdings surge by 91%, now valued at $51.8 million
Chaincatcher•2025/11/13 11:30
Bitdeer to raise $400 million through convertible senior notes offering
金色财经•2025/11/13 11:26
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$102,836.63
-1.98%
Ethereum
ETH
$3,496.62
-1.36%
Tether USDt
USDT
$1.0000
-0.00%
XRP
XRP
$2.49
+2.11%
BNB
BNB
$966.29
-0.46%
Solana
SOL
$156.18
-2.25%
USDC
USDC
$0.9998
+0.01%
TRON
TRX
$0.2986
-0.45%
Dogecoin
DOGE
$0.1758
-0.17%
Cardano
ADA
$0.5642
-1.46%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now