TechFlow, December 6 — According to on-chain analytics platform Lookonchain (@lookonchain), a new round of battle between bulls and bears has emerged in the Bitcoin market. Address 0x50b3 opened a 20x leveraged long position involving 307 BTC (approximately $27.5 million), with an entry price at $89,642.7 and a liquidation price at $83,385. Meanwhile, address 0x9311 opened a 40x leveraged short position involving 223.4 BTC (approximately $20 million), with an entry price at $89,502.7 and a liquidation price at $95,114.
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