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Don't remind me again today

A major whale just made some bold moves on ETH. Over 48 hours, they scooped up 1,242 ETH in spot markets—worth around $3.67M. But that wasn't the end game. In the last 10 hours alone, they funneled 5M USDC into a DeFi perps platform and opened a massive 20x leveraged long on 16,366 ETH. We're talking $44.3M in exposure here. The kicker? Their liquidation sits at $2,446.7. One wrong move and this position gets wiped. High conviction or high risk? You decide.

ETH0.44%
USDC-0.01%
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MemecoinTradervip
· 11-21 15:00
ngl the liquidation price screams desperation wrapped in conviction narratives. watching the social sentiment machine spin this into "bullish divergence" rn is *chef's kiss* textbook psyops playbook. 20x on 16k eth? that's not alpha, that's just casino energy with extra steps.
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ChainSauceMastervip
· 11-21 14:58
20x leverage? This guy is really ruthless—just a single move could wipe out this position.
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DeFiChefvip
· 11-21 14:57
This guy is really insane, using 20x leverage to play so big? I have to watch the market every day.
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ShibaSunglassesvip
· 11-21 14:50
This whale is really gambling with their life here. Using 20x leverage is just one step short of handing over money directly.
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HalfPositionRunnervip
· 11-21 14:44
20x leverage is really insane. Is this guy truly confident or just gambling with his life?
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