$ETH

The whale does not give up — continues to long Bitcoin by hundreds of millions

The whale trader, who previously opened a long position on Bitcoin and perfectly predicted the further growth of the market, still holds his large position. Moreover, today he significantly increased it.

Initially, his margin was $16.7 million, which with a 40x leverage resulted in a trade volume of $673 million. Even then, his profit exceeded $8 million, but instead of taking profits, he went even further.

By evening, the whale added an additional $4 million in margin. Now the total trade volume is $820 million!

It is obvious that he aims to reach a new BTC high and is full of confidence in the continuation of the bullish impulse. Apparently, this trader does not intend to stop and is ready to take significant risks.

I have never encountered such a reckless whale. Let's see if his expectations are justified.