A certain whale entered a long position on BTC with high leverage to chase the uptrend, with the liquidation price set around $73,400.

BlockBeats News, March 17th, according to Hyperinsight monitoring, in the past 1 hour, an address starting with 0xa95 opened a 40x leveraged long position on BTC for a position size of $4.1 million, with an entry price of $74,398, corresponding liquidation price of $73,463. The current unrealized loss of this position is approximately $13,000 (-13%).

In addition, within the past 10 minutes, the same address placed a market price stop-loss order nearly matching the liquidation price, with the stop-loss set at $73,468.