A crypto whale opened a $137 million Bitcoin long position using 40x leverage.
XRP futures on Binance saw a surge in long positions, with over 71% of traders betting on upside.
Market sentiment across Bitcoin, XRP, and Ethereum is increasingly bullish.
A crypto whale has opened a massive $136.91 million long position on Bitcoin using 40x leverage, sparking speculation across the crypto community. The position equals 1,420 BTC, and the trader entered it at $96,629, with a liquidation level of $87,638.
This high-risk, high-conviction move signals deep confidence in Bitcoin’s short-term upside. At the time of the update, the position showed an unrealized loss of $244,800.
The trader also incurred over $26,000 in funding fees, suggesting it is a calculated move targeting an anticipated liquidity surge. As crypto analyst Cedric Beau remarked, “That kind of leverage comes from someone who’s confident the next liquidity wave isn’t weeks away.”
This extreme 40x leverage comes when Bitcoin attempts to reclaim the $100K level, reigniting speculation on its long-term potential. According to crypto trader Peter Brandt, Bitcoin could reach between $120K a…
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