Data: Two giant whales open opposing positions in Bitcoin worth $64 million

According to on-chain analysis platform Lookonchain (@lookonchain), two new wallets are engaged in a large-scale Bitcoin long-short showdown.

Wallet address 0xfB66 opened a long position with 15x leverage at an entry price of $84,736.9, buying 300 Bitcoins (worth approximately $25.9 million), currently making a profit of $505,000, with a liquidation price of $72,424. Meanwhile, wallet address 0x4321 opened a short position with 20x leverage at an entry price of $86,373.6, shorting 447.38 Bitcoins (worth approximately $38.67 million), currently facing a loss of $337,000, with a liquidation price of $92,884.