Tracking Key Trading Moves
On February 12, data from blockchain monitoring platforms showed that trader 0xC6F5 closed his ETH long position 9 hours ago, resulting in a loss of $547,000.
Surprisingly, instead of stepping back, the trader returned to the market just two hours ago, opening a new aggressive long position with 25x leverage on 9,366 ETH, valued at approximately $18.44 million.
Behavioral Market Insights
This aggressive trading pattern is uncommon, especially after a significant loss. Going all-in with high leverage suggests an extremely bullish outlook for ETH price movement.
- Prior Loss Amount: $547,000
- New Leverage Ratio: 25x
- ETH Quantity in Position: 9,366
- Current Position Value: $18.44 million
The market's next move and the final outcome of this trade will be worth watching.