A whale just pocketed $8.93M in profit closing 20k $ETH longs immediately after the US CPI data drop.
He bought the full position at $1,936 per $ETH two months back. He exited at $2,421.6 the second the hot CPI print hit. $ETH is now trading at $2,429.95, down 3.53% on the day. This swift exit shows large players aren’t waiting around for post-macro bounces.
This price action is too messy to trade right now. We just got a major macro shock. There’s no clear signal if $ETH will hold $2,400 or bleed lower. Keeping cash and waiting for a confirmed move is way smarter than forcing a trade here.
Do you think $ETH will defend $2,400 and rally, or break lower from here? Drop a 1 for bullish, 2 for bearish.
#Write2Earn #BinanceSquare #ETH Futures
He bought the full position at $1,936 per $ETH two months back. He exited at $2,421.6 the second the hot CPI print hit. $ETH is now trading at $2,429.95, down 3.53% on the day. This swift exit shows large players aren’t waiting around for post-macro bounces.
This price action is too messy to trade right now. We just got a major macro shock. There’s no clear signal if $ETH will hold $2,400 or bleed lower. Keeping cash and waiting for a confirmed move is way smarter than forcing a trade here.
Do you think $ETH will defend $2,400 and rally, or break lower from here? Drop a 1 for bullish, 2 for bearish.
#Write2Earn #BinanceSquare #ETH Futures