The South Korean trader, Ohtanishohei (Shohei Ohtani), who previously kept increasing his ETH long positions, has seen his profits rise from 1.57 million USD to 3.37 million in the past 7 days, and he is still holding a 5x long position, betting on ETH reaching new highs.

Interestingly, recently on Binance futures, there have been many new South Korean players who have adopted very aggressive strategies, all betting on one-sided upward movements, continuously increasing their positions or opening new ones.

The South Korean market has already started to FOMO.