A leveraged $BTC whale continues to hold a 537.83 $BTC long position with 20x leverage, totaling $49.1M in exposure. After 24 days, the position remains in the red with a –$4.49M floating loss.
The whale has clawed back $5M as price action moved in their favor.
The recovery is steady but risky due to high leverage.
The whale hasn't closed or reduced their position, suggesting they're committed to their thesis or trapped in an over-leveraged entry. Will this recovery continue, or will volatility push the whale into deeper losses? #Bitcoin #Whales #Leverage #WriteToEarnUpgrade #BTCVSGOLD
The whale has clawed back $5M as price action moved in their favor.
The recovery is steady but risky due to high leverage.
The whale hasn't closed or reduced their position, suggesting they're committed to their thesis or trapped in an over-leveraged entry. Will this recovery continue, or will volatility push the whale into deeper losses? #Bitcoin #Whales #Leverage #WriteToEarnUpgrade #BTCVSGOLD