The operations of this giant whale are worth keeping an eye on!
ETH surged to 2090 before pulling back, but large holders starting with 0x4ce have aggressively increased their positions at 2063 and 2043, using 9x leverage, with a total position of 13.68 million USD and an average price of 2052, while the liquidation price is 1852. Currently, the floating loss is only 21,000 USD, indicating very precise cost control.
⚠️ The key point is that the remaining margin is less than 50,000, making it impossible to increase positions in the short term—this means either he is confident the bottom is near or he has run out of bullets.
From on-chain behavior, this position is likely what he considers the "relative bottom range." Once it stabilizes and rebounds, the profit potential is considerable. However, if it effectively breaks below 2040, one should be cautious of passive liquidation risks.
For those wanting to follow, try a light long position near 2050, with a stop-loss set below 2030; don’t go heavy! Friends, keep a close eye on this whale's movements.
If you don’t know how to time it, you can find Dayan, who will provide real-time analysis for 25 hours a day, giving the current best entry points. Daily insights and in-depth analysis are available.