Post-00 trader 0xRay518 is accumulating BTC with a position exceeding 60 million dollars

ChainCatcher news, according to monitoring data from HyperInsight, a post-00 trader Ray (X: 0xRay518) established a new BTC long position at a price of $111,200 seven hours ago, and has cumulatively increased his holdings by approximately 548 BTC through a rolling accumulation strategy. Currently, the BTC long position of this address is about $61.81 million. His account currently shows a floating loss of $1.56 million. Previous trading records indicate that Ray made a profit of $6 million with only $240,000 in capital within a month, with a single-day highest profit record of $5.92 million USDC.

ChainCatcher news, the recent cryptocurrency market has seen significant volatility, and investors need to pay attention to risk control.