A trader who opened a 321.46 BTC long ($26.14M) twelve days ago created a fresh wallet two hours ago and immediately added another 5x leveraged long — this time 307.7 BTC worth $25.04M.
The combined position now sits at 629.16 BTC, totalling roughly $51.18M. The deliberate wallet rotation suggests the trader is actively managing exposure rather than passively holding, and the near-identical sizing on the second entry points to high conviction rather than a test position.
At 5x leverage, the position is sensitive to any sharp downside move — but the repeat entry after twelve days of price action implies the trader still sees a favourable risk/reward setup from current levels.
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