The currency circle has another ruthless role - a giant whale's recent operation directly blew up the circle.

The large investor directly piled up 5,000 ETH long orders, 25 times the leverage was full, and the market value of the position exceeded $15 million. What's even more ruthless is that the liquidation price is pressed at 3,062 dollars, which is a clear sign that it will fight the market to the end. From the floating loss pit a while ago to the strong recovery of blood now, people not only did not cut the meat, but also frantically increased their positions in key positions.

This style of play hides several meanings:

**Heavy position is attitude** — Dare to open 25 times at this point, indicating that he is sure that there will be a big market in the future. This level of gambling is either to eat meat until you support it, or to go home directly from the position.

**Emotional contagion** — As soon as the big players in the circle move, it is easy for retail investors to follow the trend. Now that this list is on the surface, it is likely to ignite a new wave of FOMO and rush in with a group of people.

**Dancing on the tip of the knife** — The lever is very fierce. It is true that there is a lot of space to stand above 3200, but in case of a pin insertion or a black swan event, people can be sent away in a few minutes.

From a technical point of view, if ETH can hold the current support, with the banner effect of this large investor, the short-term sentiment will heat up almost certainly. But then again, his leverage is his, and your principal is real money.

The bull market may be on the road, but the road is full of pits. There is no difference between blind copying and sending money, if the risk control is not done well, no matter how big the market is, it has nothing to do with you.

Do you think this wave of operations can be carried out?

*The market is risky, this article is for reference only and does not constitute investment advice. Cryptocurrencies are highly volatile, and caution is required. *