A cryptocurrency whale recently made a significant move by depositing $8.58 million in USDC into the trading platform Lighter_xyz. Following this deposit, the whale opened a long position on Bitcoin, leveraging 20 times the amount. The position involves 1,000 BTC, valued at approximately $67.12 million, with an entry price of $67,096 per Bitcoin. The liquidation price for this high-stakes trade is set at $58,409.82, indicating the level at which the position would be automatically closed to prevent further losses.