Post
A whale just caught the dip on ETH with a massive $7M long position using 25X isolated leverage.
He entered at $3036.76, and his liquidation sits dangerously close at $2976.7 barely a few candles away.
Right now he's up $2.18K, but with this level of leverage, one wrong wick could erase everything instantly.
When whales gamble this hard, the market tends to follow.
But the question is… did he really catch the bottom, or just put his head under the guillotine?
$ETH
He entered at $3036.76, and his liquidation sits dangerously close at $2976.7 barely a few candles away.
Right now he's up $2.18K, but with this level of leverage, one wrong wick could erase everything instantly.
When whales gamble this hard, the market tends to follow.
But the question is… did he really catch the bottom, or just put his head under the guillotine?
$ETH
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.