BREAKING
372d 5h ago

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

ETH

ETH/USDT

$1,972.59
-4.43%
24h Volume

$15,410,850,412.85

24h H/L

$2,099.36 / $1,966.24

Change: $133.12 (6.77%)

Long/Short
73.0%
Long: 73.0%Short: 27.0%
Funding Rate

-0.0068%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$1,972.80

-4.83%

Volume (24h): -

Resistance Levels
Resistance 3$2,397.06
Resistance 2$2,113.36
Resistance 1$2,009.57
Price$1,972.80
Support 1$1,941.56
Support 2$1,832.88
Support 3$1,747.33
Pivot (PP):$2,010.79
Trend:Downtrend
RSI (14):44.1

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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