Ethereum Whale Holds $392M Long Position Amid Market Uncertainty

iconNewsBTC
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Ethereum price today fell to $3,160 after the Fed cut rates 25 bps. A major whale added 120,094 ETH, now worth $392.5M, with liquidation at $2,234.69. The same whale shorted ETH during the Oct 10 crash. ETH market update shows the coin testing $3,196 resistance, with the 200-day MA as a key trend level. Position faces risk from tight stops and macro volatility.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.