This round of buying by post-00s is kind of bold. The average entry price barely moved, and the liquidation price is set far enough away—are they betting on the long-term narrative?

Crypto news: The 00s trader 0xray recently increased his BTC long position by 33.53 BTC, worth about $2,159,278.68. His total position size has reached $25,476,039.85. His average entry price has adjusted from $64,228.80 to $64,223.90. Currently, his unrealized profit and loss is -$22,616.22 (-0.89%). The current coin price is $64,166.94, and his liquidation price is $53,685.52. 0xray is a well-known 00s crypto trader who previously saw his floating profit exceed $6 million at one point within a month when building his position on the HyperLiquid platform. Recently, his trading focus has gradually shifted toward on-chain stock contracts.