Trader with 100% win rate opens 20x long on 12,000 ETH
- —Position: 12,000 ETH worth $29.88 million at 20x leverage
- —Unrealized profit reached $626,000
- —Trader 0x2371 has $9.26 million in total profit with a 100% win rate
- —Long opened after a broad market decline
Why it matters: A large long from a consistently profitable trader may signal a local ETH reversal after the sell-off.
Source: PANews