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Just spotted something wild in the market data—a whale position just went live on Bitcoin with over $2.3 BILLION in exposure, running 40X leverage.
That's not a typo. This kind of conviction makes you wonder what information they're acting on that the rest of us don't have yet.
When institutional-scale players throw this kind of capital at long positions with that level of leverage, it usually signals something. Could be positioning ahead of macro news, could be front-running some catalysts we haven't seen yet.
The setup is definitely tilting bullish across the broader crypto market right now.