📌 Whale dumps Bitcoin for $22M Ethereum long: Will the bet help ETH rise? – A trader opened a 20x long position in 12,000 ETH, worth approximately $22. 4 million.
$BTC
A whale reportedly sold #Bitcoin to open a 20x long on 12,000 #Ethereum (~$22.4M). The leveraged bet could spark short-term upside for ETH but raises liquidation and volatility risk. Monitor on-chain flows and funding rates. #Macro Insights# #Crypto
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