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A certain Whale profited over 5 million dollars through WBTC and BTC long positions.
PANews July 23 news, according to Lookonchain monitoring, the Whale with address 0x3E38 borrowed through Aave to buy 475 WBTC at an average price of $115,733, with a total value of about $56 million, showing a bullish outlook on Bitcoin. In addition, the Whale also opened a long position of 434.6 BTC with 10x leverage on the Hyperliquid platform, with a total value of about $51.6 million. The two transactions have collectively realized profits of over $5 million.