A fresh wallet just buy up more than $7.3M worth of ETH.
New address 0x8569 withdrew stablecoins from Binance about an hour ago, then used CowSwap to buy 3,877.67 $ETH in batches at an average price of $1,886.55.
After the buys were completed, the entire ETH stack was moved to another wallet. And that receiving wallet is already holding 5,156 ETH, worth roughly $9.83M.
So this doesn't look like a tiny one-off buy .... there's now nearly $10M worth of ETH sitting in the receiving address.
Buyi...
GUYS OPEN NOW A LONG TRADE ON $SKHYNIX WITH 25x LEVERAGE ISOLATED IN FUTURES...👇👇
Entry Zone: $1,060 - $1,085
TP 1: $1,120
TP 2: $1,170
TP 3: $1,230
TP 4: $1,300
SL: $1,015
Click Below To Take Trade Now ...👇
{future}(SKHYNIXUSDT)
Setup Logic:
Entry near $1,079 gives a defined risk-to-reward setup.
Holding above the $1,050-$1,060 area keeps the bullish structure intact.
A break above $1,120 could trigger fresh buying momentum.
Continued strength above $1,170 may open the path toward $...
BTC almost squeezed this 40x short out😬.
As $BTC pushed higher, gambler 0xff84 had to cut part of the massive short to avoid getting liquidated.
The position is still huge:1,542.56 BTC SHORT, Position value: ~$98.92M, Leverage: 40x, Entry price: $63,999.20, Liquidation price: $64,225.30, Unrealized loss: $197,083, Funding paid: $76,692.63 .
The whale originally had around 1,793 #BTC short, but closed part of it just in time as BTC moved toward the liquidation zone.
Even after cutting the po...
One thing I’m watching closely on Ethereum:
an exchange is getting very close to its 5% $ETH accumulation target, and its buying pace has already slowed significantly.
The latest purchase was just 7,391 $ETH
{future}(ETHUSDT)
, compared with 100K+ ETH weekly buys earlier this year.
If this exchange eventually stops accumulating, ETH could lose one of its biggest sources of consistent demand.
But if they keep buying beyond the 5% target, that could tell a very different story.
Either way, ...