$ETH Watching over $63 MILLION in longs get wiped out in 24 hours is absolute pain.
Most retail traders are closing their apps and swearing off leverage today. But you know what’s total madness?
While the market is bleeding out, one whale just woke up after 7 months of complete silence and dropped a 25x leverage long on $44.85M worth of ETH.
Just look at what's happening right now:
• $63.6M in longs wiped in 24 hours (check the screenshot)
• A spot whale dumped $253M worth of ETH onto exchanges
• ETH is tightly pinned under the $2.5K resistance
Yet, the Binance Long/Short ratio is sitting high at 2.7, and this whale is casually risking $44M thinking the bottom is in.
This will either be the legendary play of the month or the biggest liquidation screenshot we'll see all week.
Are you copying this whale or staying far away from leverage? 👇
Most retail traders are closing their apps and swearing off leverage today. But you know what’s total madness?
While the market is bleeding out, one whale just woke up after 7 months of complete silence and dropped a 25x leverage long on $44.85M worth of ETH.
Just look at what's happening right now:
• $63.6M in longs wiped in 24 hours (check the screenshot)
• A spot whale dumped $253M worth of ETH onto exchanges
• ETH is tightly pinned under the $2.5K resistance
Yet, the Binance Long/Short ratio is sitting high at 2.7, and this whale is casually risking $44M thinking the bottom is in.
This will either be the legendary play of the month or the biggest liquidation screenshot we'll see all week.
Are you copying this whale or staying far away from leverage? 👇
