Bitcoin (BTC) Whale Opens 18x Leveraged Long After 18 Months, Unrealized PNL Reaches $4.39M

According to COINOTAG, and corroborated by Onchain Lens, a Bitcoin whale has resurfaced with an 18x leveraged long after an 18‑month pause, reigniting on‑chain activity and pushing an unrealized PnL of $4.39 million.

Position snapshot: Position Value $56.7 million, Entry Price $84,306, Liquidation Price $78,642.

This on‑chain signal highlights liquidity concentration in the crypto market and signals renewed risk appetite among large holders. Market participants should monitor price dynamics near the liquidation price to assess potential risk and reward.