Whale Investor Opens Large Leveraged Position in #Ethereum
According to BlockBeats, a prominent investor operating under the name “Set 10 Big Goals First” has taken a significant leveraged position in Ethereum. The investor entered a long position exceeding 31,000 ETH at an average price of $4,399.13, utilizing 5x leverage.
The liquidation price for this position has been set at $2,655.41. At present, the position is facing an unrealized loss of more than $640,000.
This development highlights both the scale of whale activity in the Ethereum market and the substantial risks associated with high-leverage trading.