🚨 Whale Watch: $50M $BTC Long at 20x Leverage ❗
A major crypto whale just opened a $50 million long position on Bitcoin using 20x leverage, entering at $89,930. The liquidation price sits around $75,186, making this a high-stakes bet. With BTC now at $107,663, the trade is up $589,000 in unrealized gains.
Smart or Reckless? 🤔
Smart: If the market continues upward, the payoff could be massive.
Reckless: Just a ~15% dip could wipe the entire position.
⚠️ Reminder: High leverage means high risk. Big rewards come with big dangers.
Stay sharp. Trade smart.
