Whale start to long on BTC and ETH, with one address making a profit of $2.2 million with 50x leverage

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Here is the English translation: After the bloodbath on Monday, the cryptocurrency market warmed up today, with Bitcoin briefly approaching the $84,000 mark, buoyed by the prospect of a Russia-Ukraine ceasefire and Trump's withdrawal of the 50% retaliatory tariffs on Canadian steel and aluminum. At the same time, the ETH/BTC exchange rate has fallen to 0.023, down 3% in 24 hours, hitting a new low since June 2020. However, some whales have started to go long, seemingly believing that the bottom has been reached. Whales start going long According to Spot On Chain's 4 pm monitoring, a smart money address deposited $5.22 million into Hyperliquid today, opening high-risk long positions in ETH and BTC, including a 50x leveraged long on ETH at an entry price of $1,884.4 with a liquidation price of $1,838.2, and a 20x leveraged long on BTC at an entry price of $82,003.9 with a liquidation price of $61,182. In the past 2 days, this whale has closed two ETH long positions, realizing a 100% win rate and a net profit of $2.2 million. Chain analyst Yuyin later pointed out that this whale's high-risk long positions in ETH and BTC have all been closed, with a total profit of $1.86 million. Meanwhile, according to @ai_9684xtpa's monitoring, a smart money address (mushroomgirl.eth) has realized a profit of nearly $510,000, a return of 5243%, through trading DRB. Four days ago, when the DRB market cap was $500,000 and just an hour after its launch, this address spent 4.43 ETH (about $9,719) to buy 1.92 billion tokens, at a cost of about $0.000005029 per token. When the market cap surged to over $40 million this morning, its unrealized profit reached $795,000, but it has not sold any. Experts told BlockTempo that the current period may be a good time for small-scale deployment, but overall economic risks should still be noted, as the market remains uncertain. The Federal Reserve is unlikely to start cutting interest rates until the economic recession is confirmed, at which point risk assets are expected to rebound. Meanwhile, the upcoming opening of institutional-level Ethereum staking may bring growth opportunities for Ethereum.

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