CoinVoice has learned that, according to Hyperinsight monitoring, a certain whale closed a long position of 242 BTC at 13:47, incurring a loss of $1,042,000. Currently, it is still using 20x leverage to go long on XYZ 100, with an entry price of $25,144.79. XYZ 100 essentially tracks the performance of the Nasdaq 100 index, similar to an on-chain version of Nasdaq 100 futures, allowing users to trade the ups and downs of the US tech stock index 24/7 (including leverage).
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CoinVoice has learned that, according to Hyperinsight monitoring, a certain whale closed a long position of 242 BTC at 13:47, incurring a loss of $1,042,000. Currently, it is still using 20x leverage to go long on XYZ 100, with an entry price of $25,144.79. XYZ 100 essentially tracks the performance of the Nasdaq 100 index, similar to an on-chain version of Nasdaq 100 futures, allowing users to trade the ups and downs of the US tech stock index 24/7 (including leverage).