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The new wallet has spent 16.97 million USD to go long on BTC, with open orders in the 86,500-86,750 range attracting attention.

【Chain News】I just noticed an interesting move: the new wallet 0x0c0B deposited 3.86 million U to Hyperliquid an hour ago, and then placed a long order for 196 BTC in the range of 86,500 to 86,750.

If calculated based on the mid-market price, this order is roughly around 16.97 million USD. Looking at this situation, is someone preparing to buy the dip? Or is there confidence in the future market of BTC?

At this level of operation, it is either institutions laying out strategies or large holders betting on the direction. In any case, this price range is worth paying attention to.

BTC-5.87%
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ContractCollectorvip
· 10h ago
Wait a minute, this guy just bought 16.97 million all at once? 86750 is quite a significant level, it's not just casually placed.
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gas_fee_therapyvip
· 12h ago
3.86 million U was thrown in at once, what a move... how much confidence does that take, either a gambler or really has inside information.
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AirdropHarvestervip
· 12h ago
196 BTC, this amount... it's either an institutional madman or a gambler's mentality, take your pick.
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tokenomics_truthervip
· 12h ago
Bro, this order clearly shows that a big institution is lying in ambush, directly dumping 3.86 million U into it, and this range of 86,500 is not a coincidence.
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GateUser-0717ab66vip
· 12h ago
Wait, 196 BTC just casually in open orders? Can't see a new Address, it's very likely that a Large Investor has opened a small account for themselves.
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SelfCustodyBrovip
· 12h ago
This order is 16.97 million dollars, that's quite significant, but 86,500 at this price point is a bit awkward, we'll have to see if it gets dumped later.
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