Whale Opens $67 Million Bitcoin Long Position with 20x Leverage

Onchain Lens posted on X that three days ago, a significant investor, often referred to as a 'whale,' deposited $8.58 million in USDC into Lighter_xyz. Yesterday, this investor initiated a long position on Bitcoin using 20x leverage. The position involves 1,000 BTC, valued at $67.12 million, with an entry price of $67,096 and a liquidation price set at $58,409.82.