Imagine you hadn't entered the market for six months.
Then, as your first move, you opened a position of over $30 million with leverage.
That's exactly what one of the Ethereum whales just did.
He didn't buy in small chunks.
He didn't wait for confirmations.
He staked 10,570 ETH, borrowed $30 million USDS, and converted it into 14,730 wstETH at an average price of around $2,028.
You can debate the forecasts all you want.
But when someone risks that kind of cash, both their own and borrowed, the market starts to pay closer attention.
Big money rarely moves without a reason.
$ETH
#ETH #Crypto
Then, as your first move, you opened a position of over $30 million with leverage.
That's exactly what one of the Ethereum whales just did.
He didn't buy in small chunks.
He didn't wait for confirmations.
He staked 10,570 ETH, borrowed $30 million USDS, and converted it into 14,730 wstETH at an average price of around $2,028.
You can debate the forecasts all you want.
But when someone risks that kind of cash, both their own and borrowed, the market starts to pay closer attention.
Big money rarely moves without a reason.
$ETH
#ETH #Crypto