Whale makes massive ETH bet.

A significant long position has been opened on ETH, valued at approximately $385 million with 120,094 ETH. This move is generating substantial unrealized profits.

Current P&L is around $3.36 million and growing. The average Entry price is $3,177, with a liquidation level at $2,235.

While the liquidation level is distant, any drop below the Entry price of $3,177 would put the position in a loss. #Ethereum

What drives such a large trade? Courage, superior information, or insider knowledge? šŸ¤”