Whales frequently act, ETH long transactions attract attention
Recently, on-chain monitoring data shows that a whale who lost $4 million in leveraged long ETH transactions in April 202 has once again attracted the attention of the market. According to monitoring data, the whale has deposited 3,600 ETH worth $11.53 million to the exchange in the past hour, and transferred part of the funds to USDT.
It is understood that the average price of the whale's ETH long is $3,176. At present, some ETH has been sold for a profit of $70,000, and the remaining part has a floating profit of $150,000.
The actions of this whale have attracted widespread attention in the market. Its frequent trading activities and huge capital scale not only affect the liquidity of the market, but also reflect investors' expectations and attitudes towards the price trend of ETH.
Although the whale suffered a large loss in previous transactions, it still maintained an active trading strategy in the market. Through frequent deposits and transactions, the whale has demonstrated its continued attention to the market and its sensitivity to price fluctuations.
For other investors, the actions of the whale also provide an important reference. They can obtain market information and references by observing the trading behavior and capital movements of whales, thereby guiding their investment decisions.
However, it should be noted that the actions of whales often have certain risks. Especially in leveraged trading, market fluctuations may bring large losses. Therefore, investors should be cautious when referring to the behavior of whales, and make corresponding decisions based on their own risk tolerance and investment goals.
In summary, the impact of whale trading activities on the market cannot be ignored. Investors should pay close attention to the actions of whales, obtain relevant information in a timely manner, and make reasonable investment decisions based on market conditions to avoid risks and seize opportunities.