A trader with 10 straight wins has gone long again $ETH !
This time, they’re using 25x leverage.
More than 20,000 ETH, with a position worth $45.3 million!
The position is currently showing an unrealized profit of $252,000.
Can this dip-buying trade extend their winning streak?
This trader previously made 10 trades, all of them profitable, for a total realized profit of $6.32 million. After the market fell, they re-entered with 25x leverage, opening a long position of 20,277 ETH worth around $45.3 million. At the time of reporting, the position was up about $252,000, so this latest bet is ahead for now.
What I’m more interested in is how they manage this long position from here. With 25x leverage, short-term price swings are amplified, and whether the current profit holds will depend on continued support from buyers. If ETH retests its lows without making a new one, then breaks above its rebound high, this dip-buying trade could extend its lead. But if the price falls back to the lows, the long position’s margin for error will quickly shrink.
If ETH holds above its retest low, this dip-buying long could have more room to ride the rebound.
Once the price breaks above the rebound high and buyers keep stepping in, the bulls’ comeback will be more compelling!
Tap the card below to get started! 👇
$BTC $SNDK
This time, they’re using 25x leverage.
More than 20,000 ETH, with a position worth $45.3 million!
The position is currently showing an unrealized profit of $252,000.
Can this dip-buying trade extend their winning streak?
This trader previously made 10 trades, all of them profitable, for a total realized profit of $6.32 million. After the market fell, they re-entered with 25x leverage, opening a long position of 20,277 ETH worth around $45.3 million. At the time of reporting, the position was up about $252,000, so this latest bet is ahead for now.
What I’m more interested in is how they manage this long position from here. With 25x leverage, short-term price swings are amplified, and whether the current profit holds will depend on continued support from buyers. If ETH retests its lows without making a new one, then breaks above its rebound high, this dip-buying trade could extend its lead. But if the price falls back to the lows, the long position’s margin for error will quickly shrink.
If ETH holds above its retest low, this dip-buying long could have more room to ride the rebound.
Once the price breaks above the rebound high and buyers keep stepping in, the bulls’ comeback will be more compelling!
Tap the card below to get started! 👇
$BTC $SNDK
