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A whale is long BTC with 40 times leverage, with a position of $103 million

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2025-06-25 10:21:11
According to the on-chain analytics platform Lookonchain, a trader sold BTC spot and started a long position of 40 times BTC, with a position value of about 970 BTC ($103 million). The trader had already lost more than $6 million.
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