A whale went long 603.71 BTC with 40x leverage, with a liquidation price of $63,667.

BlockBeats News, July 25th. According to ai_9684xtpa monitoring, a whale address (0x854...c775e) opened a 40x leveraged long position on BTC at 22:30 last night, investing 603.71 BTC with an opening price of approximately $64,469 per BTC, with a notional value of about $386.7 million.

Currently, this position is unrealized at a loss of approximately $259,000. In addition, the address has also placed a limit long order worth around $314.41 million in the $63,500 to $63,674 range. If all orders are filled, its BTC long position will increase to around $701.11 million.

Data shows that this address has mainly engaged in short-term trading strategies, with positions usually lasting only a few hours. This long position now ranks as the sixth largest position scale of the year. If the subsequent limit orders are all executed, it may become its largest BTC long operation of the year.