There was another bombshell in the crypto world today. On December 8, the mysterious address known in the community as "1011" made another move—directly depositing $30 million into its account, going all-in long on Ethereum.
How aggressive is this move? This address now holds a long ETH position of 39,000 ETH, with a market value of approximately $121.5 million. The key point is that they're playing with nearly 1.9x leverage, and their unrealized profit alone has already reached $3.4 million.
To be honest, every time this address makes a move, market sentiment follows. Some say it's an institutional player with insider information, while others think it's just someone with great timing and luck. But to add positions this precisely, again and again—is it really just luck? Or does this person have an insight into Ethereum's future that ordinary investors can't see?
What’s the real logic behind moving funds of this magnitude? Do they genuinely believe ETH will keep rising, or are they leveraging market sentiment for a bigger play? In the crypto market, sometimes a whale’s move itself becomes a signal—but whether that signal is real confidence backed by big money, or a carefully crafted smokescreen, nobody can say for sure.
What do you think? Is this move a surefire winning prediction, or is risk already piling up? Feel free to share your thoughts.
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HashRateHermit
· 12-10 07:38
$30 million in cross ETH? This guy really dares to play, I just want to see when he will burst his position
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JustHereForMemes
· 12-09 23:49
1011 is playing with fire again. Is it really about to take off this time, or are they getting ready to cut leeks?
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NewPumpamentals
· 12-09 23:47
Here we go again, this guy really knows how to time things—he always manages to hit right on the beat.
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BankruptWorker
· 12-09 23:46
It's that guy 1011 again, always able to catch the rhythm every time.
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AirdropSkeptic
· 12-09 23:23
It's this whale again. With such aggressive leverage, aren't they really afraid of getting liquidated?
There was another bombshell in the crypto world today. On December 8, the mysterious address known in the community as "1011" made another move—directly depositing $30 million into its account, going all-in long on Ethereum.
How aggressive is this move? This address now holds a long ETH position of 39,000 ETH, with a market value of approximately $121.5 million. The key point is that they're playing with nearly 1.9x leverage, and their unrealized profit alone has already reached $3.4 million.
To be honest, every time this address makes a move, market sentiment follows. Some say it's an institutional player with insider information, while others think it's just someone with great timing and luck. But to add positions this precisely, again and again—is it really just luck? Or does this person have an insight into Ethereum's future that ordinary investors can't see?
What’s the real logic behind moving funds of this magnitude? Do they genuinely believe ETH will keep rising, or are they leveraging market sentiment for a bigger play? In the crypto market, sometimes a whale’s move itself becomes a signal—but whether that signal is real confidence backed by big money, or a carefully crafted smokescreen, nobody can say for sure.
What do you think? Is this move a surefire winning prediction, or is risk already piling up? Feel free to share your thoughts.