The "Big Winner" Behind ETH's Surge: A 15x Leverage Trader Earns $4.78 Million, Controlling $120 Million in 25,000 ETH

On the morning of August 24, during the sudden surge in ETH's market, a trader's operation can be described as "textbook-level"—using 15x leverage to leverage $4.78 million in unrealized profits, while holding 25,000 ETH to control a market value of $120 million.

Latest reports from PANews reveal that this trader opened a long position with 15x leverage at an ETH price of $4,590, setting the closing price at $4,670.3. This morning, as ETH surged as expected, his unrealized profits quickly soared to $4.78 million, achieving a "wealth leap" in a short time. More notably, his position is still rolling over, with a holding amount of 25,108.32 ETH, which, at the current price, is valued at approximately $120 million.

While most investors are concerned about a market pullback, this trader, with precise entry points, bold leverage choices, and the application of a rolling strategy, not only locked in huge profits but also retained room for further gains, becoming undoubtedly the "big winner" in ETH's surge this morning.$ETH