A certain whale wallet recently closed a long ETH position, successfully making a profit of over $730,000. Subsequently, the trader quickly adjusted their strategy and opened a sizable BTC long position—exactly 1,000 Bitcoins, with an exposure of approximately $95 million at the current price. Notably, this operation used a 3x leverage. Large on-chain movements often indicate market participants' outlook on the future market, and this fund flow shift from Ethereum to Bitcoin may provide some clues about market sentiment.
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staking_gramps
· 12h ago
Whale's move... going all in on BTC, feels like they have confidence in the future market
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Wait, 3x leverage? This guy is playing a bit aggressively
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Switching from ETH to BTC, smart people can see through it
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A $95 million exposure, even as a small retail investor, just looking at it makes me tremble
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Leverage again... hope this time they won't get liquidated, I’m holding my breath for him
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Whale movements are indeed worth paying attention to, but 3x leverage is really a bit of gambling
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If this move blows up, the losses would be devastating... I can't even imagine
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The shift of returns from ETH to BTC suggests big players are starting to bet on it
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Just waiting to see how things develop next, whether this order can hold up
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Can these on-chain movements really predict the market? I'm a bit skeptical
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BuyTheTop
· 12h ago
If whales play like this, can we keep up? 3x leverage is a bit aggressive.
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ImpermanentLossEnjoyer
· 12h ago
Is the whale hinting at something? Are they bullish on Bitcoin or not so optimistic about Ethereum?
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ZenMiner
· 12h ago
The whale's move is a bit aggressive, going all in on BTC... Using 3x leverage is indeed quite bold.
A certain whale wallet recently closed a long ETH position, successfully making a profit of over $730,000. Subsequently, the trader quickly adjusted their strategy and opened a sizable BTC long position—exactly 1,000 Bitcoins, with an exposure of approximately $95 million at the current price. Notably, this operation used a 3x leverage. Large on-chain movements often indicate market participants' outlook on the future market, and this fund flow shift from Ethereum to Bitcoin may provide some clues about market sentiment.