A newly created wallet has opened a $18.1 million long position on SOL, with pending orders to further increase its SOL holdings

Odaily reported that, according to Onchain Lens monitoring, a newly created wallet deposited 2.27 million USDC and 21.14 BTC (the latter valued at $1.27 million). It then opened a 20x leveraged long position of 230,583 SOL, worth $18.1 million, with pending orders to further increase its SOL holdings. The wallet also sold 10.58 BTC for $652,600 and continues to hold 10.59 BTC.