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Whale Today’s Position Report: ETH bulls leverage up, HYPE faces short-term pressure
【Blockchain Rhythm】Interesting trading signal on January 15 — a well-known investor has been intensively adjusting their ETH positions in the past half hour.
Currently, they are long 9,620 ETH with 25x leverage, totaling approximately $32.03 million, with an average purchase price of $3,217.71, and unrealized profit has reached $1.07 million. This level of leverage is indeed aggressive, indicating they are still bullish on Ethereum’s short-term trend.
At the same time, they are also positioning in HYPE tokens — long 310,000 with 10x leverage, at an average price of $25.62, currently with an unrealized loss of $194,000. The two positions form a contrast: one is profitable, the other under pressure, which suggests some risk diversification.
The logic behind continuously reducing ETH long positions is worth pondering. Actions by such large investors are always a reference indicator for market sentiment.