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List of Flash News about 40x long leverage

Time Details
2025-05-08
01:41
Bitcoin Surges Past $98,000 as Whale Leverages 40x Longs on BTC and 25x on ETH: $970K Unrealized Profit Signals Bullish Momentum

According to Lookonchain, Bitcoin has reclaimed the $98,000 level, with a notable whale currently holding a 40x leveraged long position on BTC and a 25x long on ETH, resulting in an unrealized profit exceeding $970,000 (source: Lookonchain via hypurrscan.io). This aggressive leveraged trading reflects heightened market confidence and may indicate further bullish sentiment among large investors. Traders are closely monitoring these high-leverage positions as they could amplify both upward momentum and potential volatility in the crypto market.

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