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A certain whale opened a 20x long position in XYZ100, with the final position estimated at approximately $22 million.
Svmuu News: According to on-chain analyst Ai, on the eve of the U.S. stock market opening, a whale address deposited 5 million USDC at 7:30 p.m. tonight and subsequently opened a 20x long position in XYZ100 worth $16.63 million. at an entry price of $29,458. Currently, over $5.3 million in TWAP orders are being gradually executed, with the final position expected to total approximately $22 million.
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Source：Odaily · Source Link
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