BREAKING
381d 12h ago

Ethereum Whale Takes Profits: Long Position Now Down to 22,570 ETH After $189 Million Bet

ETH

ETH/USDT

$2,356.43
+8.28%
24h Volume

$31,047,650,067.90

24h H/L

$2,386.02 / $2,174.06

Change: $211.96 (9.75%)

Long/Short
47.6%
Long: 47.6%Short: 52.4%
Funding Rate

-0.0008%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,358.66

0.24%

Volume (24h): -

Resistance Levels
Resistance 3$2,596.37
Resistance 2$2,476.96
Resistance 1$2,396.40
Price$2,358.66
Support 1$2,355.74
Support 2$2,233.72
Support 3$2,109.13
Pivot (PP):$2,358.51
Trend:Sideways
RSI (14):66.9

COINOTAG News, March 2nd – Recent data from ai_9684xtpa reveals that a significant player in the crypto market has begun to realize gains on their long position in Ethereum (ETH). This whale utilized a substantial 50x leverage on the Hyperliquid exchange, initially holding over 88,510 ETH, valued at approximately $189 million. As the market evolves, this trader has reduced their exposure, now maintaining 22,570 ETH in their long position. The vital liquidation price for this strategy was noted at $2,162.9. Such strategic profit-taking by seasoned investors often foreshadows potential market volatility, making it imperative for traders to closely monitor ETH price movements and sentiment shifts in the broader cryptocurrency landscape.

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