According to HyperInsight monitoring data, on January 30, a prominent investor executed dramatic operations in the ETH market. Within just one hour, they closed a long ETH position with a $1.58M loss, and quickly followed up with a new leveraged position of 700 ETH.
Notably, this new position was established at an average price of $2,727.04, and while currently showing minor floating losses, the move clearly demonstrates strong confidence in the Ethereum market.
This operation reveals several key characteristics:
- Rapid decision-making: Completing the entire process of closing and reopening a position within one hour after incurring losses
- Leverage utilization: Continuing with 25x leverage shows an aggressive investment strategy
- Market confidence: Choosing to go long again indicates a clear positive outlook on ETH price movement
This pattern of operation is worth in-depth study by market observers, as it showcases both professional risk management capabilities and the unique volatility characteristics of the cryptocurrency market.