A certain BTC whale opened a long position chasing the rally and immediately lost over 20%, with a position size of $6.76 million.

MarsBitNews · 2026-04-01T03:05:21+00:00

Mars Finance reports that on April 1st, according to Hyperinsight monitoring, "30 consecutive long attempts fail repeatedly" (0x8d0) once again increased their position this morning, opening a 20x leveraged BTC long position with an average entry price of $68,333. The position size reached 100 BTC, approximately $6.76 million. However, after opening the position, the market moved unfavorably, and within three hours, the unrealized loss expanded to about $70,000 (-21%), marking another setback in their attempt to chase the rally.

MarsBitNews

2026-04-01 03:05:21

Mars Finance news: On April 1, according to monitoring by Hyperinsight, “30 times going long despite repeated failures”（0x8d0） this morning again chased the price higher and opened a 20x leveraged BTC long position. The average entry price is $68,333, and the position size is 100 BTC, or about $6.76 million. However, after opening the position, the market movement has been unfavorable; within three hours, the unrealized loss has already widened to about $70,000 (-21%), and this time the chase has once again been thwarted.

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