Whale Reopens $17.1 Million ETH Long Position with Rolling Long Strategy
According to Jinse Finance, on-chain analyst Yujin has monitored that a whale, who previously turned $125,000 into $43 million by continuously going long on ETH, has deposited $740,000 USDC today after withdrawing funds from Hyperliquid. The whale then opened a long position of 4,026 ETH with 25x leverage, totaling approximately $17.1 million. The entry price was $4,247, with a liquidation price at $4,146.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Premium of Russian Urals crude oil over Brent at Indian ports rises to $8 per barrel
Investors Prepping for Higher Rates, BofA Survey Shows -- Market Talk
The European STOXX 600 index provisionally closed down 0.38% at 633.56 points.
