An address took a 40x leveraged long position on $38.67 million worth of BTC and placed a large limit buy order.

According to on-chain analyst Ai Yi’s monitoring, a certain address opened a 40x long position of 603.71 BTC at 18:30 last night (UTC+8), with a value of 38.67 million US dollars and an entry price of 64,469 US dollars. The current unrealized loss is 259,000 US dollars. This address has placed limit long orders totaling 31.441 million US dollars in the 63,500 to 63,674 US dollars range; if all are filled, the total position will reach 70.111 million US dollars. This address mainly adopts short-term strategies; this long position is the sixth largest of the year, and if all orders are filled, it will become the largest of the year.