An anonymous financial fund is quietly accumulating a massive long position in the market, focusing on two names: $ETH and $XRP

With ETH, the fund is holding approximately 52.35K ETH, entry around 3201.03 with 15x cross leverage, the position value is approximately 173.85M, margin level over 11.59M, and the liquidation zone is near 2433.74

For XRP, the fund entered a position of approximately 38.83M XRP at a price of 2.2924, using 10x leverage, total position value over 81.21M, margin around 8.12M, and the liquidation level deep down to the area of 0.8785

Looking at the order structure, it can be seen that institutional funds are leaning towards the scenario where top coins continue to rise in the near future, you should consider risk management, and if you want to closely follow the movements of whales and anonymous funds like this, remember to follow me to not miss the updates.🫡