I noticed interesting activity from a major player in the market. This guy is holding 120,000 ETH in a long position, which is about $241 million at the current exchange rate. But that's not all.



At the same time, he opened a new BTC position with 20x leverage on 400 coins, totaling approximately $27.3 million. Data from lookonchain shows that this is a player connected to Matrixport. Interestingly, the person is simultaneously increasing exposure to both of the largest assets.

I'm telling you, when big players hold 120,000 ETH at the same time and open positions with such leverage, it's often a sign that they expect a significant move in the market. I'm not saying it's a guarantee, but it's definitely worth paying attention to. Such moves are usually not made just for fun.
ETH-3.37%
BTC-2.57%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin