$ETH
market today. On 12/12, a whale deposited 4.59 million into a DEX and immediately opened a 20x leveraged ETH long. Using 20x leverage instead of a simple spot buy tells me smart money expects a sharp move in ETH’s price soon.
This could be a market-leading signal for a breakout, but it could also be a liquidity trap if the price reverses quickly. I’m watching carefully before taking action. News like this is for reference only — it’s not investment advice.
Trade Setup (LONG):
Entry Zone: 1800 – 1820
Take Profit Targets: 1850, 1880, 1920
Stop Loss: 1775
I’m considering this trade because whale activity often signals where smart money expects the next move. The strong long position and high leverage suggest bullish intent, and entering on a pullback into the 1800–1820 zone provides a lower-risk opportunity. The targets align with previous resistance levels and liquidity zones, making this a clean setup if the momentum continues.
I’m keeping my risk defined with a stop at 1775 to protect against a sudden reversal.
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