đ An ETH whale is up $3.79Mâshould they take profits?
Itâs amazing to see wallet 0xea00âŚa918 holding a $21.83M long position in Ethereum ($ETH ) with 5x leverage. Despite the positionâs large size, the actual margin is only around $4.37M, meaning the position could be at risk of liquidation if ETH drops another 33.7% to $1,608.2512.
The whale is currently sitting on $3.79M in unrealized profit. Thatâs no small sum, and it makes me wonder whether theyâll keep riding the gains or decide to cash in. With profits this substantial, the temptation to take profits must be strong.
What would you do with this ETH position?
For informational purposes only, not investment advice. DYOR.
#ETH
Itâs amazing to see wallet 0xea00âŚa918 holding a $21.83M long position in Ethereum ($ETH ) with 5x leverage. Despite the positionâs large size, the actual margin is only around $4.37M, meaning the position could be at risk of liquidation if ETH drops another 33.7% to $1,608.2512.
The whale is currently sitting on $3.79M in unrealized profit. Thatâs no small sum, and it makes me wonder whether theyâll keep riding the gains or decide to cash in. With profits this substantial, the temptation to take profits must be strong.
What would you do with this ETH position?
For informational purposes only, not investment advice. DYOR.
#ETH