Whale Opens $67.59M BTC Position with 3x Leverage

Whale Adds 1,000 BTC Long Position

According to data from Onchain Lens, the whale wallet address 'pension-usdt.eth' was active again on February 18. This time, the account deposited $30 million in USDC to open a new BTC long position with 3x leverage.

Position Details

The BTC position includes the following specifics:

• Position Size: 1,000 BTC
• Current Value: $67,590,000
• Entry Price: $67,203.6
• Estimated Liquidation Price: $37,681.1

This move highlights the whale's bullish outlook on BTC and its strategy of using leverage to amplify potential gains amid market volatility.