A Whale Goes Long on BTC and ETH Worth $71.8 Million, Bitcoin's Entry Price Around $78,000

BlockBeats News, August 24th. According to EmberCN monitoring, a whale transferred 8 million USDC to Hyperliquid half an hour ago, opened a long position worth $71.8 million in BTC and ETH, and has unrealized gains of over $150,000. It is worth noting that the whale's position was opened just before the announcement of the "U.S. Treasury Department may use nearly $1 trillion to support the expansion of the Treasury bond buyback plan." The whale's position is as follows:

600 BTC worth $46.94 million, with a long position opened at $78,032;

10,000 ETH worth $24.89 million, with a long position opened at $2,479.