Ether trader turns $125K into $43M, locks in $7M after market downturn
A savvy trader turned a $125,000 investment into almost $43 million at its peak, before locking in almost $7 million of profit after the market downturn decreased their long positions.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A savvy trader turned a $125,000 investment into almost $43 million at its peak, before locking in almost $7 million of profit after the market downturn decreased their long positions.
Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin’s weekend rebound faces an $80,400 test after nearly $730 million in ETF outflows
Bitcoin traded near $82,900 in PerpFinder’s Oct. 10, 09:36 UTC snapshot, with traders watching whether the weekend rebound brings...
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to...
Tether froze 1.45 million USDT in THORChain vaults, then reversed course three hours later
The incident highlights the vulnerability of DeFi protocols to centralized issuer actions, emphasizing the need for diversified as...
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest in Binance’s ETHUSDT futures contract was 2.27% higher in ETH on Thursday, Oct. 8, over the last 48 hours,...
Bitcoin, Ethereum and Solana ETFs All in the Red for October
Bitcoin ETFs have seen $386.3 million in net outflows through the first seven trading days of October, while Ethereum funds have n...
XRP ETFs extend a 13-week inflow streak as Bitcoin, Ethereum and Solana funds shed $1.25 billion
US-listed XRP ETFs extended their inflow streak to 13 weeks as Bitcoin, Ethereum and Solana funds suffered nearly $1.25 billion in...