$87 Million BTC Long Bet: Whale Trades Big with 20x Leverage
A significant trading move has been made by an individual investor on KuCoin, who has opened a large long position in Bitcoin (BTC) worth $87 million with 20x leverage.
This 'whale' has previously shown its market acumen by generating $6.6 million in profits.
No further information is provided about the investor's identity or strategy, and as such, it remains to be seen whether this trade will be successful.