BREAKING
Ethereum Slips Below $3,200 as 5x Leveraged Insider Whale Accumulates 120,094 ETH at a $3,177.89 Cost Basis
ETH
ETH/USDT
$1,911.26
+0.02%
$1,911.26
+0.02%
(24s)24h Volume
$13,188,586,123.45
24h H/L
$1,935.68 / $1,872.00
Change: $63.68 (3.40%)
Long/Short
62.5%
Long: 62.5%Short: 37.5%
Funding Rate
+0.0054%
Longs pay
Data provided by COINOTAG DATALive data
COINOTAG News, citing Hyperinsight, reports that Ethereum traded beneath the sub-$3,200 threshold on December 11, as the so‑called ‘1011 Insider Whale’ operating with 5x leverage opened a long of 120,094 ETH valued at about $3.83 billion. The position sits roughly $200,000 in the red after a prior peak of $16.8 million in floating profit. Since then, the trader has continued to add to the stake to lift the average entry price, establishing a cost basis of $3,177.89 per ETH.
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