On-chain trackers just spotted a whale that went dark for 18 months suddenly re-entering the arena with a massive BTC play. The address just yolo'd into a 20x leveraged long on Bitcoin—$31.04M worth—betting hard on further upside.
Here's the spicy part: liquidation price sits around $78,900, which means this whale is betting BTC stays above that level. Current unrealized gain? About $127k and counting.
The timing is interesting—coming as BTC takes a breather below $90k. Either this whale knows something, or we're about to see some fireworks in the leverage markets. Either way, when sleeping giants wake up and go 20x long, the market usually takes notice.
What's your read? Whale accumulation signal or high-risk FOMO?
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Big money is back in the game 👀
On-chain trackers just spotted a whale that went dark for 18 months suddenly re-entering the arena with a massive BTC play. The address just yolo'd into a 20x leveraged long on Bitcoin—$31.04M worth—betting hard on further upside.
Here's the spicy part: liquidation price sits around $78,900, which means this whale is betting BTC stays above that level. Current unrealized gain? About $127k and counting.
The timing is interesting—coming as BTC takes a breather below $90k. Either this whale knows something, or we're about to see some fireworks in the leverage markets. Either way, when sleeping giants wake up and go 20x long, the market usually takes notice.
What's your read? Whale accumulation signal or high-risk FOMO?