A certain whale opened 20x leverage long positions on BTC and ETH, with a position value exceeding $40 million.

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bitcoin news ethereum news Derivatives Data

Source: chaincatcher

2026-03-20 01:07:29

BTC-0,33%

ETH-2,13%

Gate News reports that on March 20, according to Onchain Lens monitoring, a certain whale recently shifted its position from short to long and opened a 20x leverage to go long on BTC and ETH. The whale currently holds 284.68 BTC, worth approximately $20 million; and 9,336 ETH, also worth about $20 million. Through these frequent leveraged trades, the whale has accumulated profits of over $4 million.

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