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On-chain observation of Gate (November 10th): The "Insider Whale of 1011" has a long position of 140 million USD with an unrealized profit of 7.2 million USD; the bankrupt whale James Wynn has experienced "eight consecutive losses." Over the past 24 hours, the cryptocurrency market has generally rebounded driven by macroeconomic positive factors, with Ethereum breaking through the 3600 USD mark as the leading rally. On-chain data shows that institutional and whale long-short battles on Ethereum have entered a heated phase: the "Insider Whale of 1011" has increased its unrealized profit on a 140 million USD long position to 7.2 million USD, "Brother Maggi" has an unrealized profit of over 1.09 million USD, and the "100% Win Rate Whale" has reopened a long position with 25x leverage after suffering a loss of 44.67 million USD. Meanwhile, "Calm Order King" achieved an unrealized profit of 6.7 million USD through precise bottom fishing, with notable success in multi-sector deployment strategies. The current market core contradiction lies in the fierce collision between high-leverage chasing funds and rational allocation funds. Investors should be cautious of the fragility of extreme leverage strategies in environments with increased volatility. bsv

ETH-9.47%
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