Smart Money Opens $21.3M 25x ETH Long at $4,740 — Cautious Bullish Signal
I note that a profitable smart-money address (cumulative gains >$34.1M) opened a 25x long on Ethereum in the past half hour, with an average entry of $4,740.31 and a position size around $21.3M. This is a clear short-term bullish signal from an experienced on-chain player.
However, the 25x leverage makes the trade highly risky and prone to liquidations; the position can amplify short-term moves both up and down. I will monitor funding rates, open interest, and spot price action before increasing exposure.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.