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Crypto

Whale Places Massive Bet on Bitcoin Worth Over $40 Million

Guavy AI Editorial Team
Instruments
BTC
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A significant trading whale has made a massive bet on Bitcoin (BTC). According to data from KuCoin, wallet address 0x854b9d63fad3a8bf6dd73debbf2fe193699c775e opened a large long position on BTC worth approximately $38.67 million at an average entry price of $64,469.

The whale has also placed limit buy orders worth $31.44 million between $63,500 and $63,674, which would further increase the total BTC position to around $70.11 million if all orders are filled.

This is already one of the largest BTC long positions opened this year, with the whale known for short-term, high-leverage trades that typically last only a few hours.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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