According to BlockBeats news, on February 27th, based on Coinbob's popular address monitoring, after the previous liquidation round, a new ETH buying activity cycle was launched once again. The address recently sent approximately $250,000 to place a buy order for ETH, and then gradually scaled up its position to $13.5 million over three days through continuous reinvestment. Currently, it holds leveraged ETH buy orders at 25x, with an average position price of $1,945, floating profit of about $320,000 (60%), and a liquidation price around $1,938, with a liquidation level of approximately 2.4%. Looking back at this address's recent transactions, it often opens positions worth hundreds of thousands of dollars and continuously increases the scale and average price of its positions through reinvestment. However, many attempts have been liquidated due to excessive average prices and market corrections. After liquidation, the address will send funds again and start the next buy cycle in a similar manner or may intend to recover at a higher level or begin a bullish market. Since October last year, this address has attempted to buy various cryptocurrencies 162 times over the past five months, including 18 times buying ETH, with a total net deposit of about $15.68 million into Hyperliquid. Most of these transfer transactions ended in losses.

ETH-5.1%
HYPE-4.81%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский язык
  • Français
  • Deutsch
  • Português (Portugal)
  • ภาษาไทย
  • Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)