Market monitoring data shows that on February 23, renowned investor "Majic Brother" Huang Li Cheng's associated address made another move, adding 25x leveraged ETH long positions totaling 2300 ETH. The average price per ETH in this position was $1877.91, and the position has already recorded an unrealized profit of $5019, indicating strong market insight.
Investment Strategy Analysis
Adding leveraged long positions suggests an optimistic outlook for Ethereum's future price movement. Using 25x leverage can significantly amplify potential returns, but also comes with higher risks.
- Position size: 2300 ETH
- Average entry price: $1877.91
- Current unrealized profit: $5019