Trader Opens 30x Leveraged Long Position of 600 BTC at $70,235.80

A trader opened a 30x leveraged long position of 600 BTC at an average entry price of $70,235.80 in the past 20 minutes, valued at approximately $42.7 million, Lookonchain data show. The position has an unrealized profit of $570,000 and faces liquidation at $66,942.69.