Gate News reports that on March 25, a whale address starting with 0x931 opened a BTC long position with 40x leverage within the past hour. The initial entry was at an average price of $71,023, holding approximately 105.6 BTC, worth about $7.5 million. About half an hour later, the address added to the position, increasing by roughly $5 million at an average price of $71,441. After two rounds of adding to the position, the total holdings reached $12.5 million, with an average entry price of $71,190, and a liquidation price set at $73,103. Currently, BTC price has slightly pulled back, and this position is showing an unrealized loss of about $7,000 (-2%).
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