Two Pancakes on Leverage! 25x Leverage Rakes in 3 Million, Did Certain Fish Gamble Right Again?
The latest on-chain movements shocked the heart of the crypto world: Certain Fish directly went all in with 25x leverage on Pancake head contracts two days ago, and in a short time, the floating profit has already exceeded 3 million USD. This is not playing with Zichen, this is writing on the market's face with one's hands: "I called it right!"
Do you think high leverage is gambling? They are precise snipers! ETH surged from 2500 dollars this time, which was already a long-accumulated "recovery play", low-level turnover + technical breakout + fundamental sentiment warming up, once it rises, the leveraged long positions directly become rocket fuel.
What’s intriguing is that on-chain data shows this Certain Fish entered the market before the rally started, building positions in an extremely crafty manner with tightly controlled stop-loss points. This is not new retail investors rushing in blindly, but rather top-tier traders acting calmly.