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Whale closes BTC position with a loss of $1.43 million, then turns around to go long on NASDAQ futures with 20x leverage
【Blockchain Rhythm】Interesting things are happening. On January 20th at 13:47, a whale-level trade left its mark on the chain — closing a long position of 242 BTC, resulting in a direct loss of $1,042,000.
After stopping the loss, this trader did not choose to rest but immediately switched to another track. Currently, they are long on XYZ100 with 20x leverage, with an average entry price of $25,144.79. By the way, the XYZ100 asset is actually the on-chain version of the Nasdaq 100 Index futures, allowing traders to leverage the S&P Tech Index 24/7.
From the BTC long loss to the high-leverage long position on Nasdaq futures, this series of actions shows that major market players are still optimistic about the future of tech stocks.