Trader 0x004E Opens 30x Long on 600 BTC at $70,235 Entry Price

Address 0x004E opened a 30x leveraged long position on 600 BTC at an entry price of $70,235.80, valued at approximately $42.7 million, Lookonchain data show. The position shows about $570,000 in unrealized profit as Bitcoin climbed back to around $71,000. The liquidation level stands at $66,942.69.