🚨 Whale Sells 1,654 ETH, Then Opens a 7x Leveraged Long Worth $38.4M 🚨
A major whale sold 1,654 ETH, receiving $5.49M USDC, which was then deposited into a DEX.
The whale subsequently opened a 7x leveraged long position of 11,543 ETH, valued at $38.4M, with a liquidation price of $2,907.6.
This move suggests a strategic shift to amplify exposure to ETH, signaling strong conviction or increased risk taking.
Do you see this aggressive leverage as bullish confidence or excessive risk?
This article is for informational purposes only, not investment advice
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