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Traders with cumulative losses of $4.89 million open 40x leveraged long position of $5.43 million in BTC

2026-07-16 04:22
Odaily Planet Daily News According to Onchain Lens monitoring, after incurring cumulative losses of $4.89 million, a trader has once again opened a long position of 84 BTC, worth $5.43 million, with 40x leverage, while also holding long positions of $290,000 in HYPE and $148,000 in PUMP. The same account also placed a limit buy order for 6.56 BTC, worth $424,000, at a price of $64,600.
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