Whale Takes $80 Million High-Leverage Long Positions in BTC and ETH, Accumulated Profits Exceed $4 M

On June 17, according to OnchainLens monitoring, a whale address '0x50b' recently opened large long positions in the cryptocurrency derivatives market. The Bitcoin long position amounts to 1,036.37 BTC, using 20x leverage; the Ethereum long position amounts to 6,291 ETH, using 23x leverage. Based on current positions, the total value of these long positions is approximately $79.55 million. This trader has previously accumulated profits exceeding $4 million through long and short trading of Bitcoin and Ethereum.