leveraged positions

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Trader 0x049b Opens Short Positions on Bitcoin and Ethereum with 20x Leverage

A trader identified as 0x049b has initiated short positions on 562.58 Bitcoin and 18,350 Ethereum using 20x leverage, each valued at approximately $40 million. The positions were opened within the past 30 minutes. Liquidation prices are set at $73,717.83 for Bitcoin and $2,243.43…