$37 million long position
A whale that took a long position of $37 million in Ethereum using 25x leverage has realized profits following a liquidation price set at $3,532.
The whale’s significant investment strategy involved leveraging their capital, which can amplify both potential gains and risks. By utilizing 25x leverage, their exposure to market movements is heightened, allowing for substantial profit-taking. The liquidation price, which represents the threshold at which the position would be automatically closed to prevent further losses, was established at $3,532. This strategic exit allowed the whale to secure gains from their position without facing liquidation. This move reflects the ongoing dynamics in the cryptocurrency market, where large investors often influence price movements through their trading activities.
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