【Crypto World】On December 17th, on-chain data revealed an interesting change. As the crypto market experienced a short-term rally, a whale account holding ETH and HYPE positions finally turned a profit. The unrealized gains are approximately $250,000 — a decent rebound.
Specifically, this account heavily bet on ETH: a 25x leveraged long position of 4,300 ETH, with a liquidation price set at $2,717. On the other side, a 10x long position in HYPE holds 20,888 tokens, which is comparatively less risky. Such high-leverage positions are very sensitive to market fluctuations. Whether this rebound can continue and the future trend will be crucial.
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BearMarketSurvivor
· 12-19 15:24
Still daring to play with 25x leverage, this guy's really got guts.
A whale's rebound with a floating profit of 250,000 sounds good, but with this leverage... a single dip and it's wiped out.
HYPE's over 10x is somewhat reasonable, but I'm worried ETH can't hold up.
Can this wave continue? It all depends on whether big funds step in later.
The liquidation price at 2717 feels like quite a bit of pressure; need to keep a close eye on it.
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NeverVoteOnDAO
· 12-18 17:08
Still daring to play with 25x leverage, really brave
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CoffeeNFTs
· 12-17 16:12
Still daring to play with 25x leverage, I really have to admire you.
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VitaliksTwin
· 12-17 16:12
25x leverage, this whale is really fierce. I, a small retail investor, almost got scared to death.
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AirdropGrandpa
· 12-17 16:05
Playing with 25x leverage so aggressively, one dump and it's all gone...
Whale accounts' ETH and HYPE positions turn profitable, with a floating profit of $250,000
【Crypto World】On December 17th, on-chain data revealed an interesting change. As the crypto market experienced a short-term rally, a whale account holding ETH and HYPE positions finally turned a profit. The unrealized gains are approximately $250,000 — a decent rebound.
Specifically, this account heavily bet on ETH: a 25x leveraged long position of 4,300 ETH, with a liquidation price set at $2,717. On the other side, a 10x long position in HYPE holds 20,888 tokens, which is comparatively less risky. Such high-leverage positions are very sensitive to market fluctuations. Whether this rebound can continue and the future trend will be crucial.