A certain whale bought 475 WBTC and opened a long position for 434.6 BTC.

By: theblockbeats.news|2025/07/23 07:41:50

BlockBeats News, July 23rd, according to LookIntoChain monitoring, Whale 0x3E38 bought 475 WBTC at an average price of $115,733 (totaling $56 million) and used it to long BTC through borrowing on Aave.

They also opened a long position on Hyperliquid for 434.6 BTC (worth $51.6 million) with 10x leverage. The total profit exceeded $5 million.