A whale has opened a 20x long position on XYZ100, with an estimated final position of approximately $22 million

Odaily Planet Daily News: According to monitoring by on-chain analyst Ai Yi, before the US stock market opened, a whale address deposited 5 million USDC at 7:30 PM tonight, then opened a 20x long position on XYZ100 worth $16.63 million at an opening price of $29,458. There are still over $5.3 million worth of TWAP orders being gradually executed. The final position is estimated to be approximately $22 million.