The "Bro" activates Turbo mode, experiences a rapid surge, then retraces for a dip-buying opportunity
BlockBeats News, April 6th, according to HyperInsight monitoring, after several liquidations, the "Brother Whale" has entered a scalping mode and seems to be recovering its trading status. In the recent surge led by Bitcoin, the "Brother Whale" reduced its ETH positions to take profits. After Ethereum fell back to the $2150 range, it started to refill its positions. As of the time of writing, it holds a value of $17.81 million in a 25x leveraged ETH long position, and the liquidation price has also fallen to $2003.21.
It is worth noting that with the brief market rebound, the "Brother Whale" has accumulated a total floating profit of $440,000 in the past week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fueling Wall Street's Bullish Narrative: GE Vernova (GEV.US) Order Backlog May Exceed $200 Billion Early Next Year, CEO Says Demand is "Strong and Durable"
On Wednesday, GE Vernova’s stock price saw a significant rebound after the company's CEO, Scott Strazik, made a statement at the JPMorgan Laguna Conference. He revealed that the company's order backlog is expected to exceed 200 billions USD by early 2027, ahead of Wall Street's previous expectations.
2-Yr Benchmark Govt Yields - Germany vs Other Nations
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
Crypto prices
More
