The post Bitcoin Long Position Reaches $17M as ‘Buddy’ Opens Position in About 10 Minutes, COINOTAG Reports appeared on BitcoinEthereumNews.com. COINOTAG News, The post Bitcoin Long Position Reaches $17M as ‘Buddy’ Opens Position in About 10 Minutes, COINOTAG Reports appeared on BitcoinEthereumNews.com. COINOTAG News,

Bitcoin Long Position Reaches $17M as ‘Buddy’ Opens Position in About 10 Minutes, COINOTAG Reports

COINOTAG News, on December 20, citing Hyperinsight, reports that a trader operating under the alias ‘Buddy’ initiated a long exposure across Bitcoin, ZEC (Zcash), and HYPE within roughly ten minutes. At the time of filing, the aggregate long position stood near $17 million, underscoring a targeted, multi-asset bullish stance rather than a single-asset bet.

Hyperinsight data highlight market activity and liquidity moves among large traders, with this rapid cross-asset setup suggesting tactical risk management and portfolio diversification. The report frames the event as an indicative signal of appetite for exposure to major crypto assets, rather than an explicit forecast of near-term price direction.

Source: https://en.coinotag.com/breakingnews/bitcoin-long-position-reaches-17m-as-buddy-opens-position-in-about-10-minutes-coinotag-reports

Market Opportunity
Belong Logo
Belong Price(LONG)
$0.005702
$0.005702$0.005702
+7.58%
USD
Belong (LONG) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.