This guy didn’t waste any time .. straight into size with leverage🥶.


In the past hour, wallet 0x049bdC370620bEaB340B01072FA580FD57745E7D opened two 20x long positions on both $BTC and $ETH , each sitting around the $20M mark.
On #BTC , he’s holding 282.47 BTC with a position value of about $20.10M. Entry is around $70,802.9, with the current price near $71,172.0, putting him in a floating profit of ~$104,260 (+9.49%). The liquidation level is $68,132.6, backed by roughly $1.099M in margin, and currently paying a small -$250 in funding.
And on #ETH , he’s long 9,256 ETH, valued at about $20.10M as well. Entry sits at $2,160.75, with price now around $2,171.8, giving him a floating profit of ~$102,267 (+9.32%). Liquidation is at $2,095.13, with about $1.097M margin, and similar -$250 funding cost.
So overall, his total perp exposure is about $40.2M, fully 100% long, already sitting on ~$206K unrealized profit, and up ~9.4% ROE shortly after opening.
WE THOUGHT: with 20x leverage, those liquidation levels aren’t that far if the market flips.
BTC2.8%
ETH2.81%
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