Buddy Multiplies Ethereum Long Position by 25x to $19.2M, Realizes $1.02M Profit

COINOTAG News, citing HyperInsight, reported on November 10 that the trader nicknamed “Buddy” has dramatically increased its Ethereum long position after realizing floating gains. The exposure was amplified by 25x, signaling a renewed bullish tilt amid persistent volatility in the crypto markets.

Current ETH long position stands at $19.196 million, paired with an unrealized profit of approximately $1.02 million. The development underscores active risk management and liquidity reallocation within digital asset markets, where position scaling can influence margin and hedging decisions.

As market data firms track such moves, readers should view this as a data point for sentiment and capital allocation rather than a guaranteed trend, with risk controls remaining a priority for traders managing sizeable ETH long exposure.

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