On February 4, blockchain analytics platforms revealed that a whale address starting with 0xc6ac placed a new 20x leveraged long position on Bitcoin at 14:09 local time, with an average entry price of $76,380.
This transaction brought the whale's total long exposure in BTC to 33.87 coins, valued at $2.59 million based on current market prices.
Importantly, this leveraged long bet has already generated a floating profit of approximately $3,679, signaling bullish sentiment on near-term crypto price movements.