ETH drops below 2000 USDT

A whale contract trader's short position reaches $32 million, with an unrealized profit of $4.5 million.

According to Arkham monitoring, 0x58bro profited $4.5 million from shorting altcoins, mainly from shorting ETH, with a gain of $3.04 million. He plans to short an additional $1.3 million when ETH price reaches between $2,220 and $2,490, and his current unrealized profit has already reached $4.5 million.

"ETH Swing Master" unrealized gains have increased to $12 million, with no positions closed yet. Recently, successfully bottomed out BTC at an average price of $68,000.

March 5 news shows that the "ETH Swing Master" address currently holds a 15x leveraged ETH long position, with an unrealized profit of $9.2 million. At the same time, this address also bought the dip in BTC during the short-term bottom for BTC and ETH, with unrealized profits exceeding $2.8 million. The total unrealized profit now exceeds $11 million, and the outlook remains bullish.

Bitmine buys the dip again! Tom Lee is optimistic about Ethereum with "three major bullish factors" supporting it

Bitmine Immersion Technologies increased its holdings by 51,162 ETH last week, bringing the total to 4.42 million ETH, valued at approximately $8.7 billion, making it the publicly traded company with the largest ETH holdings. Despite market difficulties, Chairman Tom Lee believes the fundamentals of ETH are strong and points out three major positive factors. 68.7% of the company's ETH has been staked, which is expected to generate significant passive income.

"Maqi" increased their position by 150 ETH long contracts

BlockBeats News, March 5th, according to Hyperinsight monitoring, "Brother Ma Ji" Huang Licheng increased his long position by 150 ETH (worth $316,290)). The total current position value is $14,561,890, with a liquidation price of $2,036. The current profit and loss for this contract position is $240,897.

ETH drops below 2100 USDT

Gate News bot message, Gate market display, ETH drops below 2100 USDT, current price 2099.9 USDT.