Whale Don Boost ETH Long Position to $146M, E Dey Hold 34,121 ETH
Three hours ago, one big big perpetual futures whale don increase im Ethereum (ETH) long positions, bring total holdings reach 34,121.49 ETH (approx $146 million). According to Ai Yi wey dey monitor, the trader roll over im contract positions, keep am for perpetual state. The whale dey operate through two addresses: 0xd076…27bb get 23,368.54 ETH with average entry price of $4,315.19, liquidation price $4,177.68 and margin buffer remain $123; 0x5f72…da67 hold 10,752.94 ETH at entry price $4,334.10, liquidation at $4,256.30, margin buffer $43. This big increase for ETH long positions show say the trader get confidence sey price go rise soon but e still dey show say e fit get risk of liquidation because margin buffer tight.
Bullish
One whale beslis for raise ETH long positions to $146 million show say e get strong bullish mind and e fit cause upward momentum. For history, when big whales dey gather plenty for perpetual futures, e dey normally come before price rally as e go increase buying pressure and draw market attention. The entry prices around $4,315–$4,334 show say dem get confidence above recent support levels near $4,200. But narrow margin buffers of $123 and $43 mean say liquidation risk high if prices fall sharply, fit trigger forced sell-offs and cause wahala for market. Short term, dis big position fit support ETH price gains; long term, whether e go strong again depend on bigger market dynamics and macroeconomic factors. Similar accumulation wey happen before ETH rally for 2021 show say e get chance for upward moves, as long as e avoid liquidation events.