If it drops to 1,950, I'll get liquidated. Logging this here: I have no margin left. If this position gets liquidated, it'll be my last dance. Total losses: 200,000 U. The curtain falls...
Foresight News reports that, according to Ember’s monitoring, an ETH swing-trading whale who sold after ETH rose in August has bought back 10,000 ETH today after the price fell, worth $21.55 million. On August 21, ETH rose 20% in a day and a half, and the whale sold 13,202 ETH—bought in May at $2,250—for $2,357 each, making a profit of $1.41 million. After today’s decline, the whale spent 21.55 million USDT to buy back 10,000 ETH 20 minutes ago. Has this whale spotted something? #
Foresight News reports that, according to Ember’s monitoring, an ETH swing-trading whale that sold after ETH’s rise in August bought back 10,000 ETH today after the price fell, worth $21.55 million. On August 21, ETH rose 20% in a day and a half. The whale sold 13,202 ETH, bought in May at $2,250, for $2,357 each, making a profit of $1.41 million. After today’s decline, the whale spent 21.55 million USDT to buy back 10,000 ETH 20 minutes ago.
With one big push like that, the main force is starting to gradually unload their positions. It looks like the market will probably trade sideways for a while tonight, and then tomorrow night it'll start choosing a direction. By then, the main force should have sold off most of their inventory, right? At this point, would you choose to go long around 2490 or short?