According to ChainCatcher, a prominent crypto whale known as 'First Set 10 Big Goals' has posted a screenshot of their Bitcoin position, revealing a 4x leveraged long trade. The unrealized profit on the position currently stands at $3.62 million.
Such public displays of trading screens typically signal strong conviction in the underlying direction. A 4x leverage level is considered moderately aggressive even for whale-sized accounts. While the exact entry price and total position size were not disclosed, the multi-million-dollar floating gain suggests the whale timed the market effectively and remains in profit on this high-conviction bet.
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