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Whale with $80 million take profit and run, then suddenly come back!
ETH is so weak, is it holding back for something big?
Brothers, on-chain caught two wild whales, their moves are so shocking 👇
First whale:
Today’s high sold 40 million USD worth of BTC + 40 million USD worth of ETH long positions, pocketed 550k profit.
After selling, it dipped a bit, then decisively opened another 20 million USD BTC long + 20 million USD ETH long, still 20x isolated margin.
Result? BTC unrealized profit over 50k, ETH unrealized loss over 7,700... ETH clearly can’t hold strong.
Second whale:
A newly emerged whale, with 3x leverage, went all-in on 100 BTC, worth 8.22 million USD.
Entry price was 82,164, liquidation price as low as 13,000, clearly aiming for a long-term hold.
Here’s the key:
ETH is so weak, yet the whale still stubbornly holds a 20 million USD long position without selling.
Is it holding back a big move?
Based on experience, when large funds are willing to endure unrealized losses, and the market is criticizing ETH’s weakness, it’s often close to a trend reversal.
Either a sudden surge to lift prices or continued frustration.
Do you think ETH is pretending to be dead, or is it really about to make a move? Share your thoughts in the comments 👇
$ETH