BREAKING
22d 2h ago
Ethereum Whale Opens 25x Leveraged ETH Long with 6,225 ETH (~$20.36M), Entry at $3,086 and $1.13M Unrealized Profit
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COINOTAG News, citing HyperInsight monitoring, reports that a well-known whale tied to the moniker “Big Brother Whale”—Huang Lizheng—expanded his ETH exposure by entering a 25x leveraged long consisting of 6,225 ETH, valued at approximately $20.36 million.
The new position carries an unrealized profit of about $1.13 million, with an entry price of $3,086.07 per ETH, illustrating how high-leverage trades can amplify gains as price volatility persists.
COINOTAG News notes that the move underscores ongoing large-trader activity in the Ethereum ecosystem and the continued appetite for high-leverage strategies within the crypto market.
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