A whale with 40x leverage long on BTC: The planned take-profit order was placed at $77,000, with a stop-loss triggered at the $74,200 liquidation level.

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According to BlockBeats, on April 17th, Hyperinsight monitoring showed that a whale starting with 0x133 opened a long position in BTC with 40x leverage, holding $6.95 million at an average price of $75,320. After achieving a floating profit of approximately 20%, the address immediately placed a limit order to take profit, planning to close all positions at $77,000.

It is worth noting that no stop-loss order was set at this address. Considering that the liquidation price is at $74,287, it may be intended to use the liquidation line as a hidden stop-loss level.

Address: 0x1335607139aaff8492f1e189e44fdad5f9206dc9

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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