The ancient whale mentioned earlier, who has over 80,000 BTC and is gradually exchanging BTC for ETH, is now holding 120,000 Ethereum contracts, with a position value of 380 million;

This whale also has a pretty impressive operation as it took advantage of the drop on October 11, which has led to rumors that this whale has insider information or is the main force controlling the market;

However, based on past experiences, players holding such large positions typically do not end up making profits easily. For example, the previous insider who was very successful many times ended up getting liquidated. Unlike the high leverage of that insider, this ancient whale's leverage is not that high, as it chooses to gradually increase its position. Let's keep an eye on it;