Whale reverses position within half an hour: after closing a $6.5 million ETH long position, switches to a 20x long.

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【Blockchain Rhythm】An interesting whale movement has just surfaced.

In the past 30 minutes, a large holder starting with 0x717 completely closed out their previous $6.5 million ETH long position around $3,137, then immediately turned around — quickly establishing a 20x leveraged ETH long position at the $3,125 level, with a scale of about $3.65 million.

This is a clear shift in attitude. From a large spot long position, they abruptly switched to aggressive leveraged long positions. Currently, this position has an unrealized profit of $2,837, and the account is heading towards positive returns.

Such whale operations often reveal market participants’ new short-term outlook. From conservative spot holdings to leveraged bets, this may indicate increased confidence in a price rebound.

ETH6,76%
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EthMaximalistvip
· 10h ago
This whale's move is really ruthless, wiping out 6.5 million and then turning around for 20x gains. This guy really dares to gamble, short-term bottom signal?
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MetaNeighborvip
· 22h ago
This whale is really ruthless, switching from spot to leverage within half an hour, directly going in with 20x leverage. Alright, I believe you can make a profit.
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FromMinerToFarmervip
· 22h ago
Bro, your move is pretty ruthless, turning face so quickly in half an hour
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FantasyGuardianvip
· 22h ago
Whales' move is incredible—shifting from conservative to aggressive in half an hour, directly betting on a rebound with 20x leverage. They must have caught some wind, right?
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CryptoFortuneTellervip
· 23h ago
Whale's move is a bit ruthless... jumping from spot trading directly to 20x leverage within half an hour, really betting on a rebound.
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FreeRidervip
· 23h ago
The whale's move is so clever, directly taking leverage out of the safe to play. Turns out, closing a position is just preparing to double down.
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