Whale Places $136M Bitcoin Long at 40x Leverage

By Coindoo.com
8 days ago
LONG LONG BTC ETF ETF

The position, captured in a trading dashboard screenshot, shows an entry price of $96,629.40 with a liquidation price of $87,638 — leaving little room for error.

The trader, identifiable only by the address 0x5078…b6, appears highly confident in Bitcoin’s short-term upside. Key figures include:

  • Position Size: $136.91M (1.42 BTC)
  • Leverage: 40x Cross Margin
  • Entry Price: $96,629.40
  • Liquidation Price: $87,638
  • Funding Fee: -$26.04K
  • Unrealized PnL: -$244.8K (-0.18%)

This ultra-leveraged bet suggests the whale is expecting a rapid BTC surge — potentially tied to insider confidence, ETF flows, or macroeconomic catalysts.

Historically, whale moves of this scale often coincide with high-volatility reversals or breakout rallies.

At 40x leverage, even a small 2–3% drop in BTC’s price could wipe out the entire position. But if the price jumps toward $100,000+, the gains could be astronomical.

The post Whale Places $136M Bitcoin Long at 40x Leverage appeared first on Coindoo.

Related News