Whale Bets Big on ETH, Citing 100% Win Rate and Massive Long Position
A mysterious trader known only as 'Max Crypto' has revealed that an anonymous whale has opened a massive long position in Ethereum (ETH) worth $99 million with 25x leverage.
The whale, who boasts a stunning 100% win rate with over 3,156 trades under their belt, generated $5.5 million in profits this week alone.
The large position was opened when ETH was trading at around $2,660, and the liquidation price is set at $2,552, unless extra collateral is added.
This has sparked huge speculation among X users, with some accusing the whale of having access to inside information that has contributed to their successful trades so far.