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A certain whale "All in" BTC and ETH: has opened a 25 million position to go long, currently deploying a 40 million scale buy order below the current price
Crypto News reports that, according to HyperInsight monitoring, a certain “whale” has gone “all in” on BTC and ETH. It has opened a $25 million long position to test the market and placed buy orders totaling $40 million below the current price. After its early-morning long attempt failed, the whale again opened large BTC and ETH long positions within the past half hour, nearly exhausting all the account’s available margin. At the same time, it placed even larger buy orders below the current price, planning to increase holdings in batches. The specific positions and pending orders are as follows: 20x BTC: size $10 million, with an average price of $77,592; it also places $20 million in buy orders at $75,800 and $76,900. 20x ETH: size $15.3 million, with an average price of $2,303; it also places $20 million in buy orders between $2,180 and $2,270. If all 200 pending orders below are filled, the combined size of the two long positions will reach $65 million. Meanwhile, the BTC composite average price is expected to drop to about $76,764, and the ETH composite average price is expected to drop to about $2,258.