Data: After "1011 Insider Whale" opened long positions, ETH price has increased by over 5%
According to ChainCatcher, the whale "1011 Insider" opened a 5x leveraged long position on Ethereum last night. After a series of very rapid and decisive position increases and order placements, their position has now grown to approximately 54,514 ETH, with a liquidation price around $1,801. Since opening the long position, the spot price of ETH has risen from the $2,950 range to the $3,105 range, an increase of over 5%. In the current market, which is lacking in liquidity, this scale and approach could potentially impact the broader market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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