Massive ETH Long Position 🐳

A significant whale has entered an extremely large long position on ETH. The single trade is valued at 120,094 ETH, approximately $385 million.

Current Profit & Details 📈

This position is currently yielding a profit of roughly $3.36 million, with gains continuing to grow. The whale's average Entry price is $3,177, and the Stop Loss (SL) level is set at $2,235.

Potential for Loss 🤔

While the SL is considerably distant, the position will face losses if ETH falls below the Entry price of $3,177.

What's the strategy? ❓

Is this move driven by courage, an informational edge, or insider knowledge? #Ethereum