Analyst Killa went long on Bitcoin with 2x leverage from $62,600 and deployed 10x long positions in batches in the sub-account

Analyst Killa posted on the X platform stating that his spot position is fully loaded, holding a 2x leveraged long position in Bitcoin starting from $62,600, while deploying a 10x leveraged long strategy in batches in a sub-account. Bitcoin has retraced 54%, and based on mathematical calculations, he believes the maximum retracement could be between 65% and 68%.

The strategy sets up 3 groups of 10x leveraged long positions, with entry prices of $62,600, $57,100, and $51,600, corresponding liquidation prices of $57,100, $51,600, and $46,100, using $10,000 margin for each group; if Bitcoin reaches $126,000, the 3 groups of long positions are expected to profit $101,300, $120,700, and $144,200 respectively. Killa stated that he actually split this strategy into 4 to 5 entries, and if the first two groups of long positions are liquidated, the profit from the last group of long positions can cover the related losses.