Significant Bitcoin Leverage Positions Opened by Major Wallets

According to Foresight News, Onchain Lens has detected significant activity involving two major cryptocurrency wallets. A wallet associated with an address starting with 0x222 has deposited 2 million USDC and opened a long position on Bitcoin with 40x leverage, currently valued at approximately $46.28 million. Another large holder has deposited 4.12 million USDC to increase a Bitcoin long position with 5x leverage, now valued at around $20.56 million.