Whale opens a new 40x BTC long position, holding 30 Bitcoins worth 2.68 million

RumbleValidator · 2026-01-21T09:30:13+00:00

A major investor established a long position of 30 BTC at a cost of $89,300 each, totaling approximately $2.68 million, using 40x leverage. The position currently has a floating profit of $1,707 but faces a liquidation risk at $86,000, reflecting their confidence in the short-term trend of BTC.

RumbleValidator

2026-01-21 09:30:13

Abstract generation in progress

【Blockchain Rhythm】Just noticed an interesting on-chain movement. This afternoon around 5 PM, a large holder starting with 0xa503 sent a clear bullish signal to the market — establishing a long position of 30 BTC at a cost of $89,300, which amounts to approximately $2.68 million USD.

Looking at the details of this address’s position makes it even more intriguing. This large holder currently has a 40x leveraged long position, with a scale of 30 BTC, and is also bearing the corresponding risk exposure. According to current data, the floating profit is already $1,707, but the liquidation price is set at $86,000 — meaning if BTC really drops to that level, this position will be directly liquidated.

Actions like these from large holders often reflect market participants’ judgments on the future trend. A 40x leverage configuration is not conservative, indicating that the builder has relatively high confidence in BTC’s short-term movement.

BTC1,07%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

4 Likes