A big whale's recent actions on Ethereum are quite interesting. According to on-chain data, a whale used a dual-wallet strategy to quickly deploy $7 million into ETH longs at a price of $3,332, also leveraging up. Currently, Ethereum has pulled back 2%, and this position is already floating at a loss of $140,000.
Interestingly, this happened just as ETH was rallying 10%. Is this whale really optimistic about the future, or is it a contrarian move betting on a reversal? From the whale's behavior, large funds continuing to add positions at high levels usually indicate confidence in the subsequent trend — but in a leveraged environment, even a small 2% correction can eat into a significant portion of unrealized gains. Is this a smart strategic move by the smart money, or is it a bit too aggressive?
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AllInAlice
· 01-07 22:09
7 million leverage to get on board, this guy really isn't afraid of liquidation.
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VibesOverCharts
· 01-07 09:41
7 million invested with a floating loss of 140,000, this leverage is really aggressive... I think this is not smart money, but a gambler's mentality.
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AirdropNinja
· 01-07 08:55
7 million leverage just to gamble on this 2%, you're really bold. I'm scared.
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ImpermanentPhilosopher
· 01-07 08:55
7 million long leverage? This guy's gambling spirit is really bold
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Daring to add positions at high levels, either truly optimistic or really good at gambling
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Floating loss of 140,000 only 2% adjustment, playing with leverage is really exciting
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What is the double wallet strategy hiding? Could it be afraid of being discovered
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With this trading style, nine out of ten are probably betting against the trend, extremely bold
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While optimistic about the future market, this high-risk approach always feels a bit lacking
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Whales can also be bitten by small retracements, this is the cruelty of leverage
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Putting 7 million into 3332, if the reverse break occurs, it would be really awesome
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Smart money or gamblers? 2% loss equals 140,000, the answer is written in the heart
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What does this move indicate? Is ETH really about to take off, or is a whale about to be liquidated
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GameFiCritic
· 01-07 08:54
Using dual wallets is indeed a powerful move, but leverage... really is playing with fire.
A big whale's recent actions on Ethereum are quite interesting. According to on-chain data, a whale used a dual-wallet strategy to quickly deploy $7 million into ETH longs at a price of $3,332, also leveraging up. Currently, Ethereum has pulled back 2%, and this position is already floating at a loss of $140,000.
Interestingly, this happened just as ETH was rallying 10%. Is this whale really optimistic about the future, or is it a contrarian move betting on a reversal? From the whale's behavior, large funds continuing to add positions at high levels usually indicate confidence in the subsequent trend — but in a leveraged environment, even a small 2% correction can eat into a significant portion of unrealized gains. Is this a smart strategic move by the smart money, or is it a bit too aggressive?