Trader wey dey carry 15x ETH Long con make $4.78M floating profit
One high-frequency trader wey dem dey call “Rolling Position Guy” don realize floating profit of $4.78 million on top 15x leveraged ETH long, based on on-chain monitoring wey @ai_9684xtpa do. The trader get 25,108.32 ETH (about $120 million) for one rolling position, e open am for average price of $4,590 and e dey aim take-profit near $4,670.3. By to dey keep 15x leveraged ETH long, the trader dey show say e strong confidence for Ethereum near-term prospects. This big margin trade dey show both profit chance and risk wey dey ETH long positions. Traders suppose dey watch ETH price moves, funding rates, and on-chain data well to fit understand possible wahala from big liquidations or profit-taking.
Bullish
Dis trader get steady 15x leveraged ETH long position wey get over $4.78M unrealized gains, e show say dem get strong bullish belief for Ethereum near-term rally. Based on history, big big leveraged longs like dis—wey happen early 2021—go before sudden big price jumps as people dey take profit wey gbe momentum go up. Short term, dis position fit push ETH price higher and bring more people wey go put leveraged bet. But high leverage fit bring liquidation risk, fit cause sharp wahala for market if people mind change. Long term, steady roll of dis kind position mean say dem get long lasting trust for Ethereum, and e fit bring more money and keep market bullish.