Two distinct cryptocurrency wallets are currently engaged in a heated battle of leverage trading on Bitcoin, as tracked by Lookonchain’s on-chain analysis platform. The first wallet, identified by the address 0xfB66, has established a long position with 15x leverage at an entry point of $84,736.9, purchasing 300 Bitcoins. This position is currently generating a profit of $505,000 and its liquidation threshold is set at $72,424. On the other hand, wallet 0x4321 initiated a short position with 20x leverage at an entry point of $86,373.6, shorting 447.38 Bitcoins. This short position is currently incurring losses of $337,000 and its liquidation price is set at $92,884. The ongoing positions exemplify the high-stakes nature of leveraged trading within the volatile cryptocurrency market.