A trader with cumulative losses of $4.89 million opens a 40x leveraged long position of $5.43 million in BTC

Odaily Planet Daily News According to monitoring by Onchain Lens, a trader who had accumulated losses of $4.89 million opened a new long position of 84 BTC, worth $5.43 million, with 40x leverage. The trader also holds long positions of $290,000 in HYPE and $148,000 in PUMP. The account also placed limit buy orders for 6.56 BTC, worth $424,000, at a price of $64,600.