Whale Trader Makes Bold Move: $67.8M Leveraged Long Position After ETH Spot Sale

GateNews

2025-10-06 00:54:03

ETH-3,12%

Gate News bot message, A crypto whale address identified as 0x0fec executed a significant trading strategy in the Ethereum market. The trader first liquidated 1,001 ETH worth $4.55 million in the spot market. Subsequently, the same wallet opened a 15x leveraged long position on 15,023 ETH, equivalent to $67.8 million.

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Data: If ETH breaks through $2,020, the total liquidation strength of short positions on mainstream CEXs will reach $758 million.

ethereum news Derivatives Data

ChainCatcher reports that, according to Coinglass data, if ETH breaks through $2,020, the total liquidation strength of mainstream CEX short positions will reach $758 million. Conversely, if ETH drops below $1,831, the total liquidation strength of mainstream CEX long positions will reach $291 million.

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