A certain address closed a BTC short position, making a profit of $1.65 million, and then switched to a long position with 40x leverage.
2026-08-14 08:47:14
According to CoinMeta, as monitored by Lookonchain, a Bitcoin short address with the ID 0x66f8 closed out 2,136 BTC short positions, making a profit of $1.65 million. Subsequently, this address used 40x leverage to buy 200.82 BTC, worth approximately $12.74 million.
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Source:Internet
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