Whale “Rolling Warehouse” Open Two ETH Longs, Dem Include 254.34 ETH wit 25× Leverage
One big crypto whale wey dem dey call “Rolling Warehouse” don open two big ETH long positions, show say e get strong bullish belief. Di first address get 23,108 ETH (about $110 million) wey e open for $4,590, liquidation price na $4,658.80, and e don dey make unrealized profit of $4.06 million so far. Di second address put in 69,895 USDC six hours ago and quickly open one 25× leveraged ETH long position for 254.34 ETH with entry price $4,796.23 and liquidation price $4,678.47. Dis kind big risk ETH long trade from one whale no just show say e dey do aggressive leverage trading, e still fit cause wahala for market with possible sharp price changes near the liquidation points. Traders suppose keep eye for price near di whale liquidation level and plan their risk management well well.
Bullish
Di way dat di whale decide double im big big ETH long positions—specially use 25× leverage for 254.34 ETH—show say e get strong confidence for Ethereum to go up. Normally, wen whale carry big leverage long entry, e fit trigger short-term bullish movement as other traders go follow. But, dis kain heavy leverage near important liquidation price fit make circulate sell-off risk high if ETH waka down pass $4,678.47. For short term, dis one fit increase di waka up and down around whale liquidation levels, but overall signal still bullish because of di big commitment wey di whale get. For longer term, market impact go depend on bigger things wey fit support ETH like network upgrades or macroeconomic factors, and dis strong leverage move fit be one early sign say whale dey carry bullish mind.