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Large investors leverage long positions again, with ETH holdings floating profit of nearly $50,000
【BitPush】A seasoned trader who has gained fame in the PEPE ecosystem has made another move today, buying 6776.62 ETH with 5x leverage. The average price is around $3006.63, and the current unrealized profit has reached $47,000.
This trader’s track record is quite impressive. He was once the largest long position holder of the kPEPE contract on a well-known perpetual trading platform, ultimately closing with a profit of $963,600. However, yesterday’s ETH long position was not very friendly, resulting in a loss of $223,900 before stopping out.
This operation reflects the quick adjustments of whale-level traders amid market volatility, as they have been flipping their ETH positions in a single day, clearly preparing for the upcoming market trend.