A whale opened a $10 million BTC long position in a short period of time, marking the ninth time in recent days that they’ve chased a rally.

BTC-4,12%
ETH-3,53%

Gate News report, on March 27, according to Hyperinsight monitoring, a whale address starting with 0x687 opened a 40x leverage BTC long position for a short period, with a position size reaching 10 million USD, an average opening price of 68,563 USD, a liquidation price of 62,817 USD, and a current floating profit of 4,000 USD (1.4%). This address has made its ninth attempt to chase the rise in BTC recently, having previously closed a BTC long position 10 hours ago, recording a loss of about 290,000 USD. In addition, this address is still building an ETH long position, with a size of 1.69 million USD and an average price of 2,067 USD. As of the time of writing, both positions are still being increased.

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