Whale sells BTC to open $16.3M XRP long position

According to on-chain analysis platform Onchain Lens, a new wallet starting with 0x243 deposited and sold 52.67 BTC, worth approximately $3.26 million, on HyperLiquid before opening a 20x leveraged long position on 14.189 million XRP. The position is valued at approximately $16.3 million and is currently showing an unrealized profit of about $477,000.