Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
ETH large holder increases holdings by 575 coins in half an hour, with unrealized losses of nearly $390,000
【BitPush】On-chain data monitoring shows that a well-known ETH holder has added 575 ETH long positions in the past half hour, bringing the total holdings to over 5575 ETH.
The current long position size in this round has reached $15.92 million, but with an unrealized loss of about $384,600. From a risk perspective, the liquidation price for this position is set at $2753, which means if ETH price falls below this key level, there is a risk of forced liquidation.
This large holder’s additional buying action signals a bullish outlook, but it also faces significant market pressure— the existence of unrealized losses indicates that the entry point for this position was not optimal. Moving forward, it will be interesting to see whether this large holder continues to hold the long position or manages risk at a key support level.