Whale Opens $29M Bitcoin Long Position with 40x Leverage at $111,658
A crypto whale has opened two high-leverage positions totaling $29 million on Bitcoin and HYPE tokens. The whale entered a 40x leveraged long on 149 BTC at $111,658, alongside a separate 10x position on HYPE tokens. Bitcoin currently trades near $111,800, slightly above the entry point, with the position showing a minor unrealized loss of approximately $14,600.

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