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A trader opened a $106 million 20x long position on Bitcoin.

2026.06.23 - 00:36

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TechFlow News, June 23: According to Lookonchain monitoring, trader 0x50b3 opened a new 20x leveraged long position of 1,653.8 BTC, valued at approximately $105.77 million at the current price.

Data shows this address belongs to a high-frequency trader who has completed 100 trades since June 2, with 93 profitable trades—achieving a win rate of 93%; cumulative profits have exceeded $6 million.

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