An address went long 603.71 BTC with 40x leverage, with a position value of approximately $38.67 million.

TechFlow news, July 25, according to on-chain analyst Ai Yi's monitoring, address 0x854…c775e opened a 40x leveraged long position of 603.71 BTC at an average price of $64,469 around 22:30 last night, with a current position value of approximately $38.67 million and an unrealized loss of approximately $259,000. In addition, the address also placed BTC limit buy orders worth approximately $31.44 million in the $63,500 to $63,674 range. If all the above orders are executed, its overall position size will expand to approximately $70.11 million.