A new update describes a separate whale address opening a 20x leveraged Bitcoin long, then trimming the position on March 27 after a small unrealized gain.
A newly referenced whale address, 0x8d0, opened a 20x leveraged Bitcoin long with an average entry price of $67,740 and rapidly increased the position to 124 BTC, worth about $8.4 million. On March 27, the address reduced the position by roughly 24 BTC after a small unrealized gain, leaving 100 BTC valued at about $6.79 million. This update adds a distinct leveraged Bitcoin trade to the broader March 27 whale activity previously tracked in the topic.