Epic surge! Ethereum breaks through $4887, on-chain celebration, altcoins boil, big players enter the high-stakes game
Folks, the moment to witness history has arrived! Ethereum is charging ahead, strongly breaking through $4887.59, setting a new all-time high and igniting the entire cryptocurrency market! This wave of increase can be described as insane, with on-chain trading heat instantly maxed out, transaction numbers and amounts sharply climbing, transfers and contract interactions frequent, creating a lively atmosphere, and altcoins are collectively getting restless, marking the official hot start of the 'Altcoin Season'!
With Ethereum successfully reaching the top, those big players who have been calling the shots in the crypto world can no longer hold back. According to Foresight News, Lookonchain closely monitored and discovered that heavyweight players AguilaTrades and JamesWynnReal are making a strong comeback, diving back into the Ethereum trading battlefield.
AguilaTrades displayed boldness right away, decisively opening a short position of 220 ETH, estimated to be worth up to $1.03 million at the current price, seemingly confident that Ethereum's surge is about to correct. Meanwhile, JamesWynnReal took an unconventional approach, opting to go long, spending funds to buy 29 ETH (worth about $137,000) while also eyeing the popular Dogecoin, acquiring 867,335 DOGE (worth about $200,000), going all in betting on the market to continue rising.
These two players are operating completely opposite strategies, and the long-short duel is filled with tension, raising curiosity about who can accurately predict market trends and ultimately smile in this wealth game?
In addition, the market's attention is also focused on the Elon Musk-associated 'puppies'. Many investors have begun to fantasize that, with the support of this Ethereum bull market, will puppies replicate the legendary path of SHIB, going from obscurity to prominence, becoming the next highly sought-after blockbuster cryptocurrency? Now, countless eyes are closely watching every move of puppies, just waiting for the moment it erupts.