🐋 ETH whale holds $21.4M, up nearly $3.4M: Take profits or hold on?
A massive Ethereum ($ETH ) long position worth ~$21.40M is sitting on an unrealized profit of $3.36M at wallet address 0xea00…a918. With 5x leverage, despite its size, the position could be at risk of liquidation if ETH drops 35.4% to $1,535.1776, unless more margin is added.
At the current price of ~$2,376.6000, the pressure to take profits is surely intense. If you were in this position, with nearly $3.4M in profit, would you take profits early or risk holding on to chase even bigger gains?
For informational purposes only; not investment advice. DYOR.
#ETH
A massive Ethereum ($ETH ) long position worth ~$21.40M is sitting on an unrealized profit of $3.36M at wallet address 0xea00…a918. With 5x leverage, despite its size, the position could be at risk of liquidation if ETH drops 35.4% to $1,535.1776, unless more margin is added.
At the current price of ~$2,376.6000, the pressure to take profits is surely intense. If you were in this position, with nearly $3.4M in profit, would you take profits early or risk holding on to chase even bigger gains?
For informational purposes only; not investment advice. DYOR.
#ETH