After closing out its short positions, a certain whale used 40x leverage to go long on 900 BTC, holding a position worth nearly $70 million.

According to Lookonchain monitoring, an Odaily Planet Daily reported that a whale closed a short position of 760 BTC an hour ago, making a profit of $266,000. It then went long on 900 BTC with 40x leverage, worth $69.2 million. The long position is currently showing a floating profit of $173,000.