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Whale Investor Takes $107.6M Long Position on Bitcoin Through Multiple Platforms
Gate News bot message, A whale wallet address 0x3E38 has executed significant Bitcoin-related transactions across multiple platforms. The investor purchased 475 WBTC worth $56 million at an average price of $115,733 through borrowing on Aave.
Additionally, the same whale opened a long position of 434.6 BTC valued at $51.6 million with 10x leverage on Hyperliquid. The transactions have generated total profits exceeding $5 million.