According to Bitzhongjie News, as reported by OnchainLens, a user created a new wallet 0x243, deposited 52.67 BTC (approximately $3.26 million) for sale, and then opened a long position of 14.19M XRP worth approximately $16.3 million with 20x leverage. The position currently has an unrealized profit of about $477k.

BTC1.06%
XRP4.30%
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GasFeeGambit
· 40m ago
With a principal of 3.26 million opening a 16.3 million position—can you withstand this volatility?
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Low-PolyFloatingEarth
· 10h ago
52 BTC swapped for 20x long XRP, this guy is betting the farm.
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SecondaryMarketDeserter
· 10h ago
Floating profit of $470k, but with 20x leverage, a pin could wipe it to zero. Suggest setting a stop loss.
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