Whale Wins 50x Leverage Trade Just Before US Crypto Reserve Announcement—Nothing to See Here…
Yesterday a whale “trader” opened a long position with 50x leverage on both BTC and ETH. They got 88 511 ETH and 831.5 BTC and the entry price was $2195 on ETH and $85 663 on BTC - the position value was $200 million on ETH and $72 million on BTC
This dudes timing is spot on to say the least. It matched exactly with Trumps post today that confirmed the US will create a crypto reserve. If BTC and ETH dipped - even just a little - he wouldve gotten liquidated
A few hours ago he exited the positions and cashed out millions of dollars in profits. With this amount of leverage you gotta be a genius or highly regarded and it doesnt look like this guy is either of them. Its probably a coincidence - probably nothing
If I had to put on my tinfoil hat I would say theres a fuckton of manipulation happening lately - on a governmental level if you get what Im saying. Where is Gensler when we need him the most - whats happening to crypto? Remember kids - trading crypto can be very lucrative and easy as fuck… when youre part of the inner circle
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