03:57
After the "1011 Insider Whale" opened long positions, the price of ETH has increased by over 5%.
ChainCatcher reports that the whale "1011 Insider" has increased their position to approximately 54,514 ETH after opening a 5x leveraged long position in Ethereum last night, through a series of very rapid and decisive additional buys and order placements. The liquidation price is around $1,801. Since opening the long position, the spot price of ETH has risen from the $2,950 range to the $3,105 range, an increase of over 5%. Given the current lack of market liquidity, this scale and approach could have an impact on the broader market.
ETH2.93%
