A whale uses 20x leverage to long BTC and buys 54.27 BTC in spot
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According to OnchainLens monitoring, today a whale deposited 8.61 million USDC into HyperLiquid and established a long BTC position using 20x leverage.
The whale also spent 4.72 million USDC to purchase 54.27 BTC at an average price of $87,102 in the spot market.
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