According to a report by Deep Tide TechFlow, on June 25, the on-chain analysis platform Lookonchain monitored a trader selling BTC spot and starting a 40x BTC long position, with a position value of approximately 970 BTC (103 million USD). The trader had previously lost over 6 million USD.
Trader sells BTC spot and opens a 40x long position, position value 970 BTC
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