
Whale opens 30x long on 248.56 BTC worth $18.96 million ahead of CLARITY Act vote
- —Position: 248.56 BTC at 30x leverage, worth about $18.96 million
- —Address 0x9d first opened a small short, then closed it and flipped long
- —The Senate vote on H.R.3633 is set for September 15 at 2:15 p.m. Eastern Time
- —60 votes are needed to pass the procedural vote
Why it matters: Large leveraged positions ahead of the CLARITY Act vote amplify BTC volatility and the risk of cascading liquidations.
Source: TokenPost