Crypto whale opens $34,500,000 BTC long and $21,000,000 ETH long at 12x leverage

AI Market Summary
A large whale has opened sizeable 12x leveraged long positions in BTC (~$34.5M) and ETH (~$21.0M), implying near-term bullish positioning in crypto derivatives. While this is an off-chain futures exposure (no on-chain flows), the scale and leverage can affect perpetual/futures liquidity and funding dynamics, increasing short-term volatility risk around the stated liquidation levels (BTC $59,680; ETH $1,672).
Impact level
● Medium
Affected assets
BTC/USDT+0.63%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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A crypto whale has opened long positions in both $BTC and $ETH using 12x leverage. The positions total $34,500,000 in BTC longs and $21,000,000 in ETH longs. The liquidation prices are $59,680 for Bitcoin and $1,672 for Ethereum, according to a real-time snapshot from a public on-chain derivatives monitoring platform.