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A massive high-leverage Position emerges with BTC long positions and ETH short positions confronting each other.
Recently, the Crypto Assets market has entered a period of volatility again, facing a critical moment for directional choice. Several experienced traders have adopted high leverage strategies on a certain platform, establishing huge Positions to bet on the market direction they are optimistic about.
A well-known trader opened a long Position of 3788.7 Bitcoin with 40x leverage, with a total value of up to 391 million USD. The opening price of this Position was $103,083, and if the price drops to $96,474, it faces the risk of liquidation.
At the same time, another trader with an address starting with "0xcddf" chose to short Ethereum, opening a short Position of 41,851 ETH with 25x leverage, totaling approximately $103 million. The opening price of this trade was $2,514, and the liquidation price was $2,525.
In addition, there is another trader with an address starting with "0x2258" who is also bearish on Ethereum, opening a short Position of 28,248 ETH with 20x leverage, totaling approximately $70 million in value. The opening price of this Position is $2,561, and the liquidation price is $2,694.
These large transactions reflect a divergence among market participants regarding future trends, with some bullish on Bitcoin and others bearish on Ethereum. Such a scale of high-leverage trading also highlights the current market's high risk, and investors should proceed with caution.