strong buy

Whale Buys Large Long Position on Bitcoin at Key Levels

The whale has opened a long position on Bitcoin with nearly 109 BTC at an entry price of $117,164.70. The liquidation price is set at $115,664.77, indicating a risk threshold. The position is leveraged at 40x under isolated margin mode, with a margin balance of approximately $324,151.50 and a total position value exceeding $12.7 million. Currently, there is an unrealized profit of around $3,182.79, and no funding fee has been incurred.
Source available for registered users Sign Up Free

AI Analysis

This large whale's strategic entry at an approximate price of $117,164.70 with a high leverage of 40x indicates a strong bullish outlook on Bitcoin. The position size of nearly 109 BTC reflects substa...

AI Recommendation

Given the size and leverage of this whale's position, traders should exercise caution. While the bullish indication is notable, the high leverage introduces significant risk. It may be prudent to wait...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: