Ex-bankrupt ETH whales dey rebuild DOGE, BTC and XPL leverage
Three big big ETH whales—James Wynn, AguilaTrades and @qwatio—wey before don face big bankruptcy of plenty millions, don open new leveraged positions for DOGE, BTC and XPL derivatives. James Wynn, after e clear 25x ETH long, now get about $240,000 inside DOGE with 10x long at entry price $0.23963, e dey suffer 30-day net loss of about $226,000. AguilaTrades don close 25x ETH short and e get about $2.82 million for BTC with 40x long (entry $115,077; liquidation at $113,640), e dey show 30-day net loss near $6.69 million. The trader @qwatio comot from 3x XPL short after e keep 20,000 coins (entry $0.5768; exit $0.517), after e public insolvency on August 7. These movements show say notorious ETH whales rekindle their risk appetite and e fit increase short-term market wahala.
Neutral
Di renewed leveraged trading wey ex-bankrupt ETH whales dey do fit ginger short-term wahala for market but e no go fit change market overall direction. Similar tins wey happen before show say when whales come back, e fit make volume and price scatter, but as dem dey liquidate too much, e no allow sustained rally. Traders make dem prepare for better trading action and possible price wahala, while bigger crypto market dey follow macro factors and institutional money.