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- 🚀 Gate.io #Launchpad# Initial Offering: #PFVS#
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As Cryptocurrency Prices Rise, Whale Opens Bitcoin and Ethereum Long Positions at These Prices! - Coin Bulletin
Bitcoin (BTC) price is testing the 100,000 dollar level again, while a crypto whale trading with high-leverage positions is realizing more than 970,000 dollars in unrealized profit.
Data shared by the analysis platform Lookonchain, which tracks cryptocurrency asset movements, shows that a crypto whale has made significant profits with 40x leveraged BTC and 25x leveraged ETH positions. Information related to the wallet address (0x8dad6beaa2f082a51180910b24d181a324ae82d6) indicates that the investor's total assets are valued at 3,294,547 dollars.
When looking at the details in the wallet, it can be seen that the whale's Bitcoin position is valued at 186.8 BTC (approximately 18,321,618 dollars) and the entry level is 94,028 dollars. This increase provides the investor with a profit of 737,774 dollars just from the Bitcoin position.
The Ethereum position is also profitable
Another notable position in the whale's portfolio is the 25x leveraged trade on Ethereum (ETH). In the screenshot, it is seen that the investor has a position worth approximately 12,749,265 dollars ( with 6.965 ETH ), and it was entered at a price level of 1,795 dollars.
The whale, with a total asset of 3.29 million dollars, has a total unrealized profit of over 970,000 dollars on both cryptocurrencies.