Blockchain analytics from Onchain Lens dated February 15 reveals remarkable trading activity from a tracked crypto whale. The address began accumulating leveraged ETH positions on February 11 using 20x leverage, demonstrating sophisticated market timing.
Turning Losses into Gains
The leveraged position initially faced significant challenges as market volatility pushed unrealized losses past $3.5M. However, the whale's strategy ultimately prevailed as ETH price recovery generated $24,800 in realized profits while maintaining the core position.
Massive Long-Term ETH Exposure
Notably, the trader continues holding the full leveraged position worth $93.79M in ETH, signaling strong conviction in Ethereum's ecosystem development. This trade exemplifies professional risk management in extreme market conditions.
- 20x leveraged position survived market turbulence
- Portfolio maintained $90M+ valuation throughout
- Completed full cycle from loss to profitability