‏🚨 A whale opens a $45 million long position on Ethereum with 25x leverage

‏This trader doesn't trade in ordinary amounts, and what's even more striking is that their past record draws attention

‏Here are the details:

‏ Opened a $45 million long position on ⁦$ETH⁩

‏ Uses leverage of up to 25x

‏ Previously made 10 trades and closed them all in profit

‏He made a total profit of $6.4 million from those trades

‏What does this mean?

‏The whale is now entering a huge position after a series of winning trades, but 25x leverage makes any sharp move against him a real threat to his position

‏10 consecutive winning trades—will he manage to add an eleventh, or will the market end this streak?