Data: Whale plans to take profit at $4,914.9 and go short, with a total of nearly 30,000 ETH in pending orders
According to ChainCatcher, as monitored by crypto analyst Ai Yi, the "whale who went 25x long on ETH after the 1011 flash crash" has set up take-profit and reverse shorting plans within a certain range.
This address currently holds 15,689.44 ETH long positions and has set up staggered take-profit orders in the $4,190 to $4,914.9 range. Once ETH breaks above $4,914.9, the whale will gradually establish short positions. If the price rises to $5,555.5, it is expected that up to 14,024.37 ETH short positions will be opened, worth approximately $77.91 million.
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.
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