#NasdaqETFUpdate

In just 2 days, a new wallet has appeared—withdrawing $19.85 million in $USDC from #Bybit to take a 20x long position on $BTC through #Hyperliquid!

• Current size: 3,686.32 $BTC (~$404.4M)

• Entry price: $108,569.7

• Liquidation price: $105,380

• Unrealized profit: +$3.93M

• Last action: added another $7.5 million as collateral to expand the position about ~10 hours ago.