But is there a possibility of its prices rising due to this whale buying in the future?
Ali Al-Achol
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Big Bet on Bitcoin: Unknown Investor Doubles Long Position to $393 Million
Blockchain data revealed that an unknown investor opened a massive long position in Bitcoin worth over $393 million, marking one of the largest individual bets on the price increase recently. According to the 'CoinGlass' platform, which tracks open trading positions on the 'Hyperliquid' platform, the mysterious whale began buying Bitcoin at an entry price of $103,129, with an initial value estimated at $276 million.
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