Trader With a 93% Win Rate Places a $105M Bitcoin (BTC) Long: Could Another Rally Be Brewing?

A known high-frequency trader, identified as 0x50b3, has captured the market’s attention after opening a massive 20x-leveraged long position in 1,653.8 BTC, valued at around $105.77 million. The move comes amid heightened interest in BTC’s short-term price direction, with traders closely monitoring large leveraged bets for clues about market sentiment.