The identity of the 20x leveraged whale has been confirmed, having spent 29.85 million USDC to go long on BTC, currently facing an unrealized loss of over 5.5 million dollars

ChainCatcher message, according to Lookonchain monitoring, the mysterious whale address 0x1f25 has been confirmed to be X user @AguilaTrades.

In the past 4 days, it has transferred 29.85 million USDC from Bybit to Hyperliquid to long BTC with 20x leverage.

Currently, it has an unrealized loss of over 5.5 million dollars------but when the Bitcoin price drops again, it chooses to increase its position and continue to go long.