Brothers, this wave of Ethereum is going to be a big deal! Whales are flipping the table and openly shouting orders, holding 240,000 ETH chips in hand, this is not just small retail trading!
I just dug into the holdings data of LD Capital founder Jack Yi, wow! This guy directly showcased 142,000 spot ETH (with a floating profit of 42 million dollars), and he also added 100,000 options long positions, clearly indicating he wants to fight the bears to the death.
I observed the market and found that there are now 5 billion dollars in short positions waiting to be squeezed out, with 2.3 billion dollars in short positions just in CME and AAVE, this scene reminds me of the bloodbath when Tesla was short-squeezed years ago.
The most outrageous thing is that this operation has a script! Jack Yi started being bullish on ETH when it was 1,700 dollars last year, and at that time, a bunch of people laughed at him for catching falling knives. As a result, he managed to take a 70% increase, and now he’s even claiming he wants to push it to 4,000 dollars.
I look at on-chain data, and Wall Street funds are indeed secretly accumulating ETH, in the past two days, over 100,000 ETH have been withdrawn from exchanges, which is clearly a tactic for large players to accumulate.
However, I want to give a heads-up to my friends: the total open contracts for ETH futures on the entire network have surged to a historical high of 41.5 billion dollars, crazier than Bitcoin. At this time, it could either skyrocket or plunge, and I estimate the key point is at the 2,800 death line. If it stands firm, it will rush straight to 3,000; if it breaks, it may fall back to 2,500 for support. Did you see how ETH suddenly surged last night before the CPI data? Clearly, someone is playing a news war.
Want to know if this wave of ETH can take us flying? Click on my avatar to follow me, and I’ll teach you how to follow the big players’ ambushes and hop on the ride!!! $ETH #山寨币热点 #CPI数据来袭