JUST IN: A whale has opened a $90,912,000 ETH long with 20x leverage with liquidation Price at $1,392.



$ETH
ETH-1.55%
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GateUser-1859b7cd
· 2h ago
ETH is so volatile and still up 20 times, it feels like it's challenging the market head-on.
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GateUser-deff9ed8
· 3h ago
Is the clearing position so close that they're probably just waiting to insert a needle and manipulate people?
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BlackVelvetKey
· 4h ago
Market: You think whales are going long, but actually they are creating liquidity for you.
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On-ChainCatUnderTheMoonlight
· 4h ago
That's incredible, 20x really dares to open.
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MintCondition
· 4h ago
Going long 20x = walking a tightrope at high altitude, retail investors, don't try this, you really can't handle it.
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GateUser-08ae47f3
· 4h ago
Suddenly thought, could it be that the massive spot holdings, opening a large leverage position, are just for delta neutrality?
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PatchNotePaladin
· 4h ago
I'm more concerned about how much margin he has; I don't want it to end up being small money used to move the big market.
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GateUser-bee672a5
· 4h ago
If the price drops near liquidation, the liquidation cascade will be spectacular. Be cautious.
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BluePeonyMinerDream
· 5h ago
I’m not chasing anyway; I’ll wait until he is forced to close or add positions, as whales’ scripts usually don’t follow common logic.
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CandleAfterTheRain
· 5h ago
If this move was planned in advance, it could indicate the trend for the next few days; keep a close eye on on-chain addresses and margin addition actions.
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