COINOTAG News, citing HyperInsight, reports that the “1011 Insider Whale” has expanded its ETH long position with fivefold leverage, now totaling 54,277 ETH on a notional of roughly $165 million.
The average entry price is about $3,048.31 per ETH, and the position shows an unrealized profit of around $580,000.
This on-chain signal highlights risk management considerations from sizeable participants, offering a data point for monitoring liquidity dynamics and sentiment within the Ethereum market.
Source: https://en.coinotag.com/breakingnews/eth-long-surges-as-1011-insider-whale-expands-to-54277-eth-at-5x-leverage-165m-with-580k-unrealized-profit
