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A whale that's already sitting on $12M in profits just doubled down.
They're now long:
• $29M $ETH (25x leverage)
• $20M $BTC (20x leverage)
That's a serious amount of conviction and risk.
Nobody knows the future, but when wallets of this size start making aggressive moves, it's worth paying attention.
The real question is: What are they seeing that the rest of the market isn't?