According to on-chain data tracking, a well-known trader recently decisively closed a 25x Ethereum long position, choosing to take profits at a high level. Currently, the account still holds 8,000 ETH, equivalent to approximately $24.24 million. This operation has brought them a floating profit of over $400,000. Notably, their current liquidation price is set at $2,865.24, indicating relatively cautious risk management. Such large-scale position reductions often reflect changes in market participants' sentiment about the future market trend and are worth paying attention to in the current market volatility.

ETH4,27%
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BTCBeliefStationvip
· 6h ago
Large traders closing positions to secure profits, understanding risk control... I'm just worried they'll start dumping one after another.
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LiquidatedDreamsvip
· 6h ago
Whales reducing their positions are really a market indicator. Having $400,000 tucked in your pocket like this—I've got to learn this technique.
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ChainChefvip
· 6h ago
ngl this is some proper risk management recipe right there—dude took his profits before the sauce got too thick, respect the discipline fr 🍳
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SchrodingerGasvip
· 6h ago
A floating profit of 400,000 USD just closes the position? If you analyze this with game theory, it's a typical signal of a sharp increase in risk aversion coefficient. The market liquidity is so poor, and the liquidation price is still set at 2865... That's a bit harsh.
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Token_Sherpavip
· 6h ago
ngl, taking profits at 25x is just basic risk management 101... but watching these whales signal their conviction through liquidation levels is where it gets interesting, tbh. the 2865 print tells you more about market sentiment than any trading signal ever could.
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