Whale Makes Another Move: $60 Million Bottom-Fishing ETH

robot
Abstract generation in progress

[On-chain News] Another big move! That whale with the address pension-usdt.eth has recently increased their position again, this time directly picking up 20,000 ETH.

Looking at the on-chain data, this position is worth about $60.93 million, with an average entry price around $3,040.92. What’s interesting is that the liquidation price is set at $1,190.66—meaning ETH would have to drop by more than 60% before liquidation.

From a risk control perspective, this whale has clearly left a significant margin of safety. Either they’re extremely bullish on the market, or their capital is large enough to withstand the volatility. In any case, capital movements of this scale are always worth monitoring.

ETH2.93%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
BearMarketSurvivorvip
· 7h ago
Load up your base position and just go for it.
View OriginalReply0
bridgeOopsvip
· 23h ago
Choose the right timing to open a position
View OriginalReply0
OffchainWinnervip
· 23h ago
The whale keeps buying until the bottom.
View OriginalReply0
TokenomicsDetectivevip
· 23h ago
Bottom-fishing for a rebound has yielded good gains
View OriginalReply0
SneakyFlashloanvip
· 23h ago
This whale plays it safe.
View OriginalReply0
MetadataExplorervip
· 23h ago
A big shot really has confidence.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)