97.15 Bitcoin 3x long, unrealized loss exceeds $680,000
Original headline비트코인 97.15개 3배 롱, 평가손실 68만달러 넘어
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An anonymous trader holding a 3x leveraged long position of 97.15 BTC is sitting on an unrealized loss exceeding $680,000, with the position valued at roughly $6.22 million and showing a return of -29.64% as of 4:42 p.m. KST on the 15th, according to on-chain data reported by Odaily. The average entry price was $71,035 per bitcoin and the liquidation price is $48,004. The loss is unrealized, meaning it reflects mark-to-market losses before the position is closed rather than confirmed losses or a liquidation. The position matters because it illustrates how leverage amplifies drawdowns for large BTC holders during price declines. What to watch next is whether bitcoin holds above the $48,004 liquidation threshold, which would determine whether the trader's position survives or is forcibly closed.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), Odaily
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