The crypto assets market divergence intensifies: BTC long positions VS ETH short positions massive bets

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Recently, the Crypto Assets market has once again entered a turbulent period, with several large investors engaging in high leverage operations on a certain derivatives trading platform, betting on the market direction they favor.

Market analysis shows that with the recent fluctuations in the overall market, the Crypto Assets market may be at a critical juncture for directional choice. Against this backdrop, some financially strong traders are choosing to express their judgment on the market direction through high-leverage operations.

Among them, an investor with the code name JamesWynnReal opened a long position of 3,788.7 Bitcoin with a leverage of 40 times. The value of this position reached 391 million USD, with an opening price of 103,083 USD. If the Bitcoin price falls to 96,474 USD, this position will face liquidation risk.

Meanwhile, some investors are choosing to short Ethereum. An address starting with 0xcddf has opened a short position of 41,851 Ethereum with 25x leverage, with a total value of approximately 103 million USD. The opening price of this position is 2,514 USD, and if the price of Ethereum rises to 2,525 USD, this position will face liquidation risk.

Another noteworthy operation comes from an address starting with 0x2258, which opened a short position of 28,248 Ethereum with 20x leverage, totaling approximately 70 million USD. The opening price of this position was 2561 USD, with a liquidation price of 2694 USD.

These large-scale high-leverage operations reflect the current market participants' divergence on future trends. Some investors are optimistic about Bitcoin's upward prospects, while others are betting that Ethereum may face downward pressure. This divergence could signal that the market is about to face an important turning point.

It is worth noting that high leverage operations may bring enormous profits, but they also come with extremely high risks. Market participants should treat this with caution and fully assess their risk tolerance before making any investment decisions.

BTC0.62%
ETH0.4%
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RiddleMastervip
· 08-02 16:08
40x leverage is playing with fire, right?
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NftPhilanthropistvip
· 08-02 16:07
ser, this is peak impact verification in action... shorting eth to fund children's education tbh
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NFTArchaeologisvip
· 08-02 16:06
High leverage is like the Sanxingdui bronze mask, magnificent yet fraught with peril.
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GateUser-5854de8bvip
· 08-02 16:01
Let's play something exciting, take the opposite position All in.
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BitcoinDaddyvip
· 08-02 15:59
Who will die suddenly tonight?
View OriginalReply0
FrontRunFightervip
· 08-02 15:57
dark pool manipulation in full effect... they're feeding retail to the sharks rn smh
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