A crypto whale opened a $137 million Bitcoin long position using 40x leverage. XRP futures on Binance saw a surge in long positions, with over 71% of traders betting on upside. Market sentiment across Bitcoin, XRP, and Ethereum is increasingly bullish . A crypto whale has opened a massive $136.91 million long position on Bitcoin using 40x leverage, sparking speculation across the crypto community. The position equals 1,420 BTC, and the trader entered it at $96,629, with a liquidation level of $87,638. This high-risk, high-conviction move signals deep confidence in Bitcoin’s short-term upside. At the time of the update , the position showed an unrealized loss of $244,800. The trader also incurred over $26,000 in funding fees, suggesting it is a calculated move targeting an anticipated liquidity surge. As crypto analyst Cedric Beau remarked , “That kind of leverage comes from someone who’s confident the next liquidity wave isn’t weeks away.” This extreme 40x leverage comes when Bitcoin attempts to reclaim the $100K level, reigniting speculation on its long-term potential. According to crypto trader Peter Brandt, Bitcoin could reach between $120K a… The post Massive Bitcoin Long Position – Could This Explain the Strong Bullish Bias for XRP? appeared first on Coin Edition .
