‘OG whale’ who called the October crash has a $44.5M long on Ether
PositiveCryptocurrency
- A prominent trader known as the 'OG whale' has increased their long position on Ether by $10 million, bringing the total to $44.5 million. This trader previously made headlines by profiting $200 million during the October market crash, indicating a strong belief in Ether's potential despite recent volatility.
- This development is significant as it reflects the trader's confidence in Ether's recovery and potential growth, especially in light of recent market fluctuations that have seen other traders facing substantial losses.
- The cryptocurrency market is currently experiencing mixed sentiments, with some assets like Bitcoin ETFs attracting significant inflows, while Ether has faced challenges, including a recent drop below $3,000. This juxtaposition highlights the ongoing volatility and uncertainty within the market, as traders navigate both bullish and bearish trends.
— via World Pulse Now AI Editorial System
