TIS_Square
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Whale bets against the crowd now incurring a $23 million loss.
Wallet 0xb317 went contrarian with massive Longs despite the red market but the result is bloody
🔹 This whale pumped nearly $190 million into Longs for $BTC $ETH and $SOL hoping to catch the bottom
🔸 The gamble is failing with a floating loss of nearly $23 million where the ETH position alone is down nearly $20 million
🔹 The total ETH Long position worth $557 million at $3,170 is under immense liquidation pressure if price continues to slide
Is this a genius bottom buy or suicide?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
Wallet 0xb317 went contrarian with massive Longs despite the red market but the result is bloody
🔹 This whale pumped nearly $190 million into Longs for $BTC $ETH and $SOL hoping to catch the bottom
🔸 The gamble is failing with a floating loss of nearly $23 million where the ETH position alone is down nearly $20 million
🔹 The total ETH Long position worth $557 million at $3,170 is under immense liquidation pressure if price continues to slide
Is this a genius bottom buy or suicide?
This article is for reference only, this is not investment advice. Please read and consider carefully before making a decision.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
2,943.4
-4.85%
