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A mysterious new Wallet splurges $16.97 million to go long on BTC, what is the Whale planning?
[比推] A mysterious Whale has appeared on-chain! The new Wallet 0x0c0B has just poured 3.86 million USDC into a certain decentralized derivation platform, followed closely by placing a limit order to go long for 196 BTC at the price level of $86,500 to $86,750. Based on the midpoint price, the scale of this big bet is nearly $16.97 million.
This new player is making a big move right off the bat, indicating an extremely bullish outlook on BTC's future. However, placing orders within the current volatility range, is it a precise bottom fishing or an impulsive all-in? The market will provide the answer.