Whale started to long BTC, ETH, and made a huge profit of 2.2 million dollars with a leverage of 50 times at one Address

In the encryption currency market today, as it warms up, some Whales have started going long, apparently believing that the bottom has been reached. One Whale who went 50x leverage Long on BTC and ETH made a daily profit of $1.86 million. Experts suggest that now may be a good time for small-scale layouts, but overall economic risks should still be monitored. Following Monday’s bloodbath, spurred by the possible Ukraine-Russia ceasefire and Trump retracting the 50% retaliatory tariff on Canadian steel and aluminum, the encryption currency market has rebounded today, with BTC once approaching the $84,000 mark. Meanwhile, the ETH/BTC Exchange Rate has fallen to 0.023, a 3% decrease in 24 hours, hitting a new low since June 2020. Despite this, some Whales have begun going long, seemingly believing that the bottom has been reached. According to Spot On Chain, a smart money Address deposited $5.22 million into Hyperliquid to open high-risk Long Positions on ETH and BTC. The Whale closed all high-risk Long Positions on ETH and BTC, earning a total of $1.86 million. Another smart money Address through a DRB trade saw a near $510,000 profit, with a return rate of 5243%. The Address bought 1.92 billion Tokens at a cost of approximately $0.000005029 per Token. As the Market Cap exceeded $40 million this morning, the profit reached as high as $795,000. Experts advise that now may be a good time for small-scale layouts, but overall economic risks should still be monitored due to market uncertainties. The Federal Reserve may need to confirm an economic recession before considering a rate cut, potentially leading to a rise in risk assets, and institutional-grade Ethereum staking may soon be available, offering growth opportunities for Ethereum.