According to Ai 姨 (@ai_9684xtpa), there has been a notable increase in BTC and ETH long positions with high leverage. Specifically, a 50x leveraged ETH long position of 79,351.49 ETH, valued at $152 million, and a 20x leveraged BTC long position of 308.68 BTC, valued at $25.43 million, have been established. Additionally, a buy limit order for 405.69 BTC at $82,414 was placed and quickly canceled, suggesting potential further increases in BTC positions.

According to @EmberCN, a trader using 50x leverage on a 79,000 ETH long position has achieved a floating profit of $2.3 million. The trader's position is highly sensitive to price movements, with a $25 increase in ETH price leading to a $2 million profit, whereas a $25 decrease could result in liquidation, as the entry price is only $25 above the liquidation price. Sponsored by #Bitget｜@Bitget_zh.

According to AltcoinGordon, there are traders taking long positions in cryptocurrency markets with $200 million on 50X leverage, highlighting a significant divergence between high-risk trading strategies and general market sentiment, which remains bearish. Such high leverage indicates traders' confidence or risk appetite despite overall market uncertainty.

According to Justin Sun, XCN is allegedly involved in significant market manipulation using high leverage, posing potential risks to exchange users. He recommends that major exchanges like Coinbase and Kraken closely monitor this situation and reports that such activities will be reported to the SEC and DOJ for investigation.

According to @justinsuntron, XCN is allegedly engaging in significant market manipulation through the use of high leverage and contracts, which could potentially harm exchange users. He suggests that major exchanges such as Coinbase, Kraken, Bybit, KuCoin, and HTX Global should be vigilant about these risks, and mentions plans to report these activities to the SEC and DOJ for further investigation.