BREAKING
204d 19h ago

Ethereum Smart Money Drives $73M Profit in High-Leverage Long Trades Including BTC, HYPE, and PEPE

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Recent market activity highlights a contract transaction yielding a substantial profit exceeding $73 million, underscoring the influence of smart money in the cryptocurrency sector. This significant gain was driven by strategic positions utilizing high leverage, particularly on major digital assets such as ETH and BTC. Additionally, emerging tokens like HYPE and PEPE featured prominently in these leveraged long positions, reflecting growing investor interest in altcoin diversification. The deployment of leverage amplifies both potential returns and risks, necessitating careful risk management. This development signals a continued trend of sophisticated trading strategies shaping market dynamics, emphasizing the importance of monitoring large-scale contract transactions for insights into institutional sentiment and market direction.

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