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Whale Who Previously Shorted 255 BTC Opens 40x Long Position Worth Over $30 Million
On March 27th, according to Lookonchain monitoring, a whale who previously “sold 255 BTC to short” has flipped from a bearish to a bullish stance on BTC. The whale has opened a long position of 439.92 BTC (valued at $30.23 million) with 40x leverage. Additionally, they have increased their long position in Brent crude oil, currently holding 249,406 xyz:BRENTOIL (valued at $25.25 million).