Whale 0x0C86 Goes Long on BTC with $99.67 Million Position After Depositing $14 Million USDC

On May 22nd, COINOTAG reported significant trading activity involving a notable **whale** identified as 0x0C86. This entity has executed a **14 million USDC** deposit into **Hyperliquid**, signaling strong market confidence. This strategic move includes a long position on **Bitcoin** (BTC) at a remarkable entry price of **$110,130.5**, utilizing **40x leverage** to amplify potential returns. The total exposure of this position has reached **900 BTC**, equating to approximately **$99.67 million**. Importantly, this trade carries a liquidation threshold set at **$95,925**, placing it within a critical price range. As institutional interest continues to play a pivotal role in shaping the cryptocurrency landscape, such large-scale investments underscore the ongoing demand and volatility inherent in the digital asset market.