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T-Rex launches 2x leveraged long and short spot Bitcoin ETF

BlockBeats reported that on July 10, Bloomberg ETF analyst Eric Balchunas posted on social media that T-Rex today launched a 2x leveraged long and short spot Bitcoin ETF.

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On-Chain Activity

14h ago

A certain whale traded on Papertrade with 1000x leverage, accumulating losses of approximately $1 million.

14h ago

A certain whale went long on BTC, with unrealized profits exceeding $10 million.

14h ago

A dormant address of 15.9 years was just activated, containing 0.05 BTC.

15h ago

Six wallets went 3x long on 11.7 million LUMIA tokens, with a total unrealized profit of $949,000.

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Analysis: 53% of Bitcoin holdings are concentrated above $83,000, with $84,000 to $85,000 becoming a key breakout level.

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