The experienced trader attracted attention by opening a long position on Ethereum (ETH) weeks later.
The trader, who took good advantage of the downward trend in Ethereum in the past weeks and gradually closed a profitable short transaction, finally turned long. According to data from crypto analytics platform Perps Watcher,decentralized autonomous organization (DAO) frog Nation’s old CFO 0xSifu (sifu.eth) average from $1,562 approximately $21 million He opened a long position in Ethereum.
We passed the experienced name process within 3 days For the long position when opening gradually, approx. $4 million balance used and 5.27x leverage with the volume of the position 20 million dollars level. Trader’s liquidation price for this position $1,298 It is located at the level.
In the past 2 weeks %12 Ethereum losing value, $1,500 After finding a buyer from its support, it continues to move horizontally. According to CoinGecko data, in the last 24 hours 0.1% rising Ethereum, at the time of writing from $1,547 is being traded.