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Lookonchain: A certain address opened a 300 BTC short position with 40x leverage
2026-08-24 12:49:35
According to CoinMeta, as monitored by Lookonchain, a certain address conducted 14 short trades on BTC and ETH over the past 5 days, resulting in a cumulative loss of $4.56 million. Currently, this address has opened a short position of 300 BTC contracts with a leverage of 40 times, representing a notional position of approximately $23.13 million. The wallet address is 0x004edcd40360e293e4cf260d2ebdf8c7076c1bb8.
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