Bitcoin whale opens $56.7M Bitcoin long after 18 months on the sidelines
Crypto Briefing
A major Bitcoin whale opened an 18x leveraged $56.7 million long position after 18 months of inactivity.Summary
A significant Bitcoin whale has re-entered the market by opening an 18x leveraged long position valued at $56.7 million, following an 18-month period of inactivity. This substantial leveraged bet, made while the whale holds an unrealized profit of $4.39 million, signals renewed confidence among large-scale investors regarding Bitcoin's future price direction. The move aligns with recent trends showing increased whale activity, where major holders accumulate coins during market dips, demonstrating structural confidence that underpins Bitcoin's price resilience.
(Source：Crypto Briefing)