Whale Alert: Massive $90M $ETH Long Position Opened with 20x Leverage!

Big moves in the crypto ocean! A major whale has just plunged into a whopping $90 million long position on Ethereum ($ETH ) using 20x leverage. This high-stakes bet signals strong bullish confidence amid current market volatility.

Key details:

Position Size: $90 million

Leverage: 20x (amplifying both gains and risks!)

Liquidation Price: $1,286 – A drop to this level could trigger a full wipeout, so keep an eye on ETH’s support zones.

With $ETH trading around recent levels, this trade could pay off handsomely if we see an upward surge driven by network upgrades or broader market recovery. But remember, leveraged trading is high-risk – always DYOR and manage your exposure wisely.

What do you think? Is this whale onto something big, or is a liquidation looming?