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Cryptocurrency News Articles
A whale placed a $276M long on Bitcoin with 40x leverage
May 18, 2025 at 04:04 am
The liquidation price is set at $95,000
A single whale has just placed a massive $276 million long position on Bitcoin with 40x leverage, according to reports.
The liquidation price is set at $95,000.
This move showcases major confidence in BTC’s future arising from the whale.
A single whale has just placed a massive $276 million long position on Bitcoin with 40x leverage, according to reports.
The liquidation price is set at $95,000.
This move showcases major confidence in BTC’s future arising from the whale.
The crypto community is buzzing after a single whale opened a huge long position on Bitcoin.
The position is valued at $276 million and carries an incredible 40x leverage, according to reports.
This move is especially interesting given the recent price movements of Bitcoin.
The liquidation price for this position is set at $95,000, showcasing the trader’s belief that Bitcoin will remain well above that level for the position to stay safe.
However, if the price drops closer to $95,000, this position will be liquidated, leading to a potential setback for the trader.
Still, considering the potential gains from such a large position and 40x leverage, this loss will be relatively small compared to the overall profit potential if Bitcoin continues to rise.
This move showcases major confidence in BTC’s future arising from the whale.
It will be interesting to see if other institutional traders follow suit and open even larger positions.
The post Whale Places a $276M Long on Bitcoin with 40x Leverage and the Liquidation Price Will Surprise You! appeared first on CoinMedia.
Disclaimer:info@kdj.com
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