Lookonchain
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.
Frequently asked questions
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What are the potential risks associated with such high-leverage positions?
High-leverage positions like these can lead to significant losses if the market moves against the trader, especially given the liquidation levels set for BTC and ETH.
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How might this whale's positions affect the broader market?
The large leveraged longs can create visible liquidation targets, which may attract selling pressure and impact market stability if prices approach those levels.
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