The trader, after suffering a cumulative loss of $4.89 million, went long on BTC with a large position. They currently hold a $5.43 million long position in Bitcoin.
BlockBeats News, July 16th, according to OnchainLens monitoring, a trader who had accumulated losses of $4.89 million has doubled down on a long position. They currently hold 84 BTC long contracts, worth approximately $5.43 million, with 40x leverage. The account also holds approximately $290,000 worth of HYPE long contracts and approximately $148,000 worth of PUMP long contracts.
In addition, the trader has placed a limit buy order for 6.56 BTC, worth around $424,000, with the order price set at $64,600 per BTC.
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.
You may also like
Reserve Bank of Australia raises interest rates to 4.6%: Four hikes this year, further increases not ruled out
The Reserve Bank of Australia raised interest rates by 25 basis points to 4.6%, reaching a 15-year high. The rate has increased by a total of 100 basis points this year to curb inflation caused by the Middle East conflict.
High-Yield Attraction: Japan's 40-Year Government Bond Auction Covered 3.1 Times, Strongest Demand Since 2020
Japan's 40-year government bond auction recorded its strongest demand in six years, as high yields attracted investors back to the country's longest-term debt instrument, providing potential relief for fragile global markets.
BlackRock trims GEA Group voting rights to 9.21% from 9.40%
Toyota (TM.US) sales in China dropped by 23% in August, marking the seventh consecutive monthly decline in global sales
Toyota’s sales have declined for the seventh consecutive month.
Crypto prices
More
