Whale goes all-in on longs with $30 million
- New address built positions from scratch: 200 BTC at an average price of 83,604, using 40x cross margin; 4,000 ETH at an average price of 2,536, using 25x cross margin.
- 332,000 NEAR at an average price of 5.81, with 10x leverage. Total notional value: 28.8 million; unrealized profit: just 243,000.
All three positions are highly leveraged. A 2.5% move against the 40x BTC position would put it right at the liquidation line, and this small profit cushion won't protect it from a few wicks. Those of you holding NEAR— is your cost basis above or below 5.8?
$BTC $ETH $NEAR
#比特币 #Ethereum
- New address built positions from scratch: 200 BTC at an average price of 83,604, using 40x cross margin; 4,000 ETH at an average price of 2,536, using 25x cross margin.
- 332,000 NEAR at an average price of 5.81, with 10x leverage. Total notional value: 28.8 million; unrealized profit: just 243,000.
All three positions are highly leveraged. A 2.5% move against the 40x BTC position would put it right at the liquidation line, and this small profit cushion won't protect it from a few wicks. Those of you holding NEAR— is your cost basis above or below 5.8?
$BTC $ETH $NEAR
#比特币 #Ethereum