Publier
Trading Insight_News
·
--
$ETH "Bitter" Whale or Confident Whale? Cuts Loss of Half a Million, Immediately Doubles Down with $18.5 Million Long
The derivatives market has just witnessed an emotional move from a "big player" following the "fall down seven times, get up eight" style.
{future}(ETHUSDT)
🔸 Just 8 hours ago, a whale was forced to painfully close an ETH Long position, taking a real loss of up to $547,071 USD.
🔸 Refusing to accept defeat, this whale just deposited an additional $2.5 million into the account and immediately reopened a new Long position on Ethereum.
🔸 Notably, this time the position size has been pushed to $18.5 million USD with 25x leverage. Using high leverage immediately after a heavy loss is often called "revenge trading" by traders, an extremely highrisk move.
Is this the impatience to recoup losses quickly, or an ironclad belief that ETH has bottomed out and is about to rebound strongly? The fate of this $18.5 million USD is hanging on the fragile thread of price volatility.
News is for reference, not investment advice. Please read carefully before making a decision.
The derivatives market has just witnessed an emotional move from a "big player" following the "fall down seven times, get up eight" style.
{future}(ETHUSDT)
🔸 Just 8 hours ago, a whale was forced to painfully close an ETH Long position, taking a real loss of up to $547,071 USD.
🔸 Refusing to accept defeat, this whale just deposited an additional $2.5 million into the account and immediately reopened a new Long position on Ethereum.
🔸 Notably, this time the position size has been pushed to $18.5 million USD with 25x leverage. Using high leverage immediately after a heavy loss is often called "revenge trading" by traders, an extremely highrisk move.
Is this the impatience to recoup losses quickly, or an ironclad belief that ETH has bottomed out and is about to rebound strongly? The fate of this $18.5 million USD is hanging on the fragile thread of price volatility.
News is for reference, not investment advice. Please read carefully before making a decision.
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.