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A major whale is using 20x leverage to go long on BTC and ETH, with a total size reaching $80 million.
BlockBeats News, May 7, according to Hyperinsight monitoring, over the past 10 minutes, a long-term heavy position intraday swing whale (0x049) shorted 494 BTC with 20x leverage, worth approximately $39.95 million, with a liquidation price of $83,947; shorted 17,173 ETH with 20x leverage, worth approximately $39.9 million, with a liquidation price of $2,397
Address: 0x049bdc370620beab340b01072fa580fd57745e7d