Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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A trader opened a 40x leveraged long position on BTC and a 20x leveraged long position on SOL, with a total position value exceeding $112 million.
2hours ago

According to Odaily Planet Daily, LookonChain monitoring revealed that a high-risk trader, identified as 0x2226, opened a long position with 40x leverage four hours ago, holding 700 BTC (worth approximately $82 million). The same address also opened a long position with 20x leverage of 120,000 SOL (worth approximately $29.6 million). The liquidation prices for these positions were: $114,560 for BTC and $231.35 for SOL.