Whale Bets Big on Bitcoin with High-Leveraged Position

A high-net worth individual (whale) has made a substantial investment in Bitcoin by utilizing leverage through a 20x long position, as reported by OnchainLens. The whale deposited 5 million USDC to execute this risky strategy, which will amplify both potential gains and losses. This significant move comes at a price point of $77,231, highlighting the volatile nature of Bitcoin trading.