A @Bitcoin address has initiated a high-risk leverage position, according to ChainCatcher. The address, identified as 0xdf1…6f0b0, opened a 40x long leverage position on 1,000 BTC at 10:30 AM today, valued at $66.83 million, with an entry price of $67,167 and a liquidation price of $66,559. The position is currently $390 away from liquidation, with an unrealized loss of $228,900.

In addition to the Bitcoin position, the address holds a 20x long leverage position on Solana (SOL), which is currently showing an unrealized profit of $810,000. The total historical profit for this address stands at $775,300.

#BTC