Ethereum Whale 0xc2a Boosts Long ETH by 1,242 ETH to $366M with 5x Leverage and $8.87M Unrealized Profit

According to HyperInsight and COINOTAG News on October 27, a notable crypto whale tracked by the address 0xc2a has again boosted its ETH exposure. The trader has posted a 100% win rate in recent ETH contracts trading since mid-October and lifted its ETH long position by 1,242 ETH during a brief price dip from about $4,156 to $4,136. With this uptick, the total ETH derivatives exposure under management nears $366 million, signaling persistent appetite for leverage in Ethereum markets.

Current holdings show the ETH long position leveraged above 5x, valued at roughly $172 million, with an unrealized gain near $8.87 million. This on-chain analytics read highlights ongoing capital inflows into sophisticated ETH strategies and underscores the influence of major wallets on derivative dynamics. Market participants should monitor margin and liquidity shifts as the narrative in Ethereum risk management evolves.

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