A trader opened a 20x long position in 12,000 ETH, worth approximately $22.4 million. According to AMBCrypto, a trader opened a 20x long position in 12,000 eth, worth approximately $22.4 million.. The development comes amid ongoing regulatory scrutiny in the sector. AMBCrypto reports that this marks a significant milestone for the industry. The AMBCrypto report provides additional context on the implications for market participants and regulatory frameworks moving forward.
