$ETH Whale Opens $60M ETH Long With 10x Leverage — High-Risk Bet in the Last 9 Hours 🚨🐳
Over the past 9 hours, a high-performing whale has opened a massive ETH long position with 10x leverage, scaling into one of the largest new positions on-chain this week.
The position now holds 19,832 ETH, valued at roughly $60M, with an entry price of $3,021.31. Despite the heavy leverage, the liquidation price of $2,748.53 provides a moderate downside buffer—though still razor-thin at this scale.
This whale’s aggressive sizing continues a pattern of large directional bets, often placed during periods of volatility. With nearly $60M in exposure, even small market swings will have amplified impact on PnL.
Will this become their next breakout win-or a high-leverage trap as volatility returns?
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