Whale Places $136M Bitcoin Long at 40x Leverage
Bitcoin whale has placed a staggering $136.91 million long position on BTC using 40x leverage.
The position, captured in a trading dashboard screenshot, shows an entry price of $96,629.40 with a liquidation price of $87,638 — leaving little room for error.
The trader, identifiable only by the address 0x5078…b6, appears highly confident in Bitcoin’s short-term upside. Key figures include:
- Position Size: $136.91M (1.42 BTC)
- Leverage: 40x Cross Margin
- Entry Price: $96,629.40
- Liquidation Price: $87,638
- Funding Fee: -$26.04K
- Unrealized PnL: -$244.8K (-0.18%)
This ultra-leveraged bet suggests the whale is expecting a rapid BTC surge — potentially tied to insider confidence, ETF flows, or macroeconomic catalysts.
READ MORE:
Coinbase to Delist Five Tokens on May 16
Historically, whale moves of this scale often coincide with high-volatility reversals or breakout rallies.
At 40x leverage, even a small 2–3% drop in BTC’s price could wipe out the entire position. But if the price jumps toward $100,000+, the gains could be astronomical.
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
