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legend1234
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Lookonchain detected that address 0x914b first shorted 14,976 $ETH, about 40.97 million USD, and after losing 471,000 USD, reversed to open a 25x long position of 23,734 ETH, about 64.3 million USD, with a liquidation price of 2650.
This is a typical d-pupil style switch, refusing to admit a wrong short, directly increasing leverage to fight.
My view: Don't learn this approach for mid-term.
中线情报哥
I am the mid-term intelligence guy.
Lookonchain detected that address 0x914b first shorted 14,976 $ETH, about 40.97 million USD, after losing 471,000 USD, reversed to open a 25x long position of 23,734 ETH, about 64.3 million USD, with a liquidation price of 2650.
This is a typical D-style switch: when the short is wrong, no admission of defeat, directly increasing leverage to fight.
My view: don't imitate this strategy for mid-term.
High leverage long-short reversals look exciting but essentially hand over the account to volatility.
ETH short-term sentiment may mislead the market, but the real trend is determined by on-chain data and capital flow.
$BTC
#BTC spot ETF inflows return, ETH capital continues to flow out
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