Suspected to belong to the same whale address, a long position of 500 BTC was opened yesterday, currently at a loss of $258,000

BlockBeats News, June 26th. According to on-chain analyst Ai (@ai_9684xtpa), three addresses belonging to a suspected whale/entity collectively opened 20x leverage long positions for 500 BTC each last night, with an average entry price of $59,253. They are currently facing a total loss of $258,000. The modus operandi of these three addresses is similar, and the transaction fees were also sourced from Bridgers cross-chain transfers.