On-chain whale opens 20x longs on $BTC and $ETH — $90M at stake.

Wallet 0x049b has placed leveraged long positions totalling roughly $90.5 million: 586.68 BTC ($45.82M) and 19,416 ETH ($44.67M), both at 20x leverage.

The liquidation levels to watch are $75,564 for BTC and $2,247 for ETH. A move down to either price would wipe the respective position, making those levels key support markers for the broader market in the near term.

High-conviction leveraged longs of this size are a double-edged signal — they reflect strong directional confidence, but also create visible liquidation targets that can attract downside pressure.