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TechFlow news: On May 26, on-chain analyst Onchain Lens (@OnchainLens) reported that the on-chain address “0x2fc” opened a long position of 96.36 BTC with 40x leverage. Previously, this address had repeatedly taken both long and short positions on BTC, but most of those positions were liquidated, resulting in cumulative losses exceeding $2.77 million.
According to on-chain analyst Onchain Lens (@OnchainLens), the on-chain address “0x2fc” has again opened a long position of 96.36 BTC with 40x leverage. Previously, this address repeatedly executed both long and short positions on BTC, but most of those positions were liquidated, resulting in cumulative losses exceeding $2.77 million.
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