A whale address with a monthly profit of 2.3 million went all in after a week of dormancy, opening a $40 million long position in BTC and ETH.

BlockBeats News, April 8th, according to Coinbob Popular Address Monitoring, after BTC surged and then retraced to around $71,500, a 0x049 starting address continued to add to a long position with 20x leverage on BTC, while simultaneously opening a long position with 20x leverage on ETH, with a total scale of $40 million. The specific positions are as follows:

BTC Long: Scale of 279.8 BTC, approximately $20.06 million, average price $71,479, liquidation price $68,784;

ETH Long: Scale of 8918 ETH, approximately $19.97 million, average price $2,242, liquidation price $2,174;

Since the first position was opened in February, this address has accumulated a profit of $5.62 million, with a profit of $2.33 million in the past month, and an average holding period of about 217 hours.

Address: 0x049bdc370620beab340b01072fa580fd57745e7d