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📰 【A certain whale closes BTC and ETH long positions with principal protection; its total size previously reached $36,000,000】
BlockBeats news, on April 24, according to monitoring by Hyperinsight, the whale known as the “Silver Iron Head Short Army” briefly switched to trying a long position in the early hours today. It opened a BTC long position of 223.9 BTC (approximately $17.50 million) and an ETH long position of 8102.3 ETH (approximately $18.80 million), for a combined size of $36,000,000. Within the past half hour, the address has closed both positions and exited. The BTC position was closed at an average price of $78,277, and the ETH position was closed at an average price of $2,326, resulting in a net loss of $24,000. Address: 0x61ceef212ff4a86933c69fb6aca...
Brothers, take a good look at this news! A whale that calls itself the “Silver Iron Head Short Army” spent $36,000,000 overnight to go long on $BTC $ETH —so what happened? After all that effort, they came out at break-even, but they still lost $20,000 on fees and ran away. This isn’t “Iron Head,” this is a coward! I’ve said it before: this market isn’t a place for big funds to put on a show, and retail investors shouldn’t blindly worship every so-called whale move. The way they bounce back and forth, chase price increases and cut out at the highs and lows—what’s the difference from leeks? Remember, don’t get stirred up blindly about this spot. Just hold your spot honestly and wait for them to lift us on their shoulders—that’s the right way.
👇👇👇👇👇