Gate News message, April 23 — A whale address starting with 0xa875 opened a 20x leveraged long position on Ethereum an hour ago, according to Onchain Lens. The position comprises 7,000 ETH valued at approximately $16.34 million at an average entry price of $2,350. The position is currently underwater by $1 million, representing a -13% unrealized loss.
This marks the whale’s second major trade. Previously, the address opened a BTC long position that it held for 34 days before closing on April 14, realizing a $1.92 million profit. After that trade, the address had been observing market conditions until today’s ETH entry.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Touches $80K in April on Polymarket, Odds Rise to 54%
Gate News message, April 23 — On Polymarket, the probability of Bitcoin touching $80,000 during April has risen to 54%, with trading volume on the contract reaching approximately $39.36 million.
The prediction market is set to settle on May 1 at 11:59
GateNews10m ago
Bearish Analyst Says Repeating 2022 Pattern Can Lead to BTC Price Falling Under $52,000 Prices
Bearish analyst says repeating 2022 pattern can lead to BTC price falling fast.
The price of BTC is expected to dip as far as $52,000 rapidly.
Following this, the pioneer crypto asset is expected to bottom in the $40,000 price range.
Over the last
CryptoNewsLand20m ago
Bearish Analyst Says Repeating 2022 Pattern Can Lead to BTC Price Falling Under $52,000 Prices
Bearish analyst says repeating 2022 pattern can lead to BTC price falling fast.
The price of BTC is expected to dip as far as $52,000 rapidly.
Following this, the pioneer crypto asset is expected to bottom in the $40,000 price range.
Over the last
CryptoNewsLand21m ago
Pantera Capital and Shareholders Push Satsuma Technology to Liquidate $50M Bitcoin Holdings
Gate News message, April 23 — Shareholders in Satsuma Technology Plc, a London-listed Bitcoin accumulator, are pushing the company to sell its remaining $50 million in Bitcoin and wind down operations. Pantera Capital Management, a prominent crypto venture capital fund, is among investors
GateNews1h ago
H100 Signs Binding Strategic Acquisition Agreement, Bitcoin Holdings Expected to Reach 3,500 BTC
Gate News message, April 23 — Swedish bitcoin treasury company H100 announced it has signed a binding strategic acquisition agreement. Upon completion of the transaction, the company's bitcoin holdings are expected to increase to approximately 3,500
GateNews2h ago
BlackRock Purchases $900M in Bitcoin in Single Week, ETF Clients' Average Cost Basis Around $87K
Gate News message, April 23 — BlackRock purchased approximately $900 million worth of Bitcoin within a single week, according to on-chain analysis platform Arkham. The firm's ETF clients currently hold an estimated average cost basis of around $87,000 per Bitcoin.
The data reflects ongoing
GateNews2h ago
