New giant whale enters the market, 4x bullish on 20,000 ETH
2026-08-19 21:29:03
According to CoinMeta, on-chain analyst AI stated that the address 0xedc…5d05a opened more than 4000 long orders for ETH half an hour ago, with a value of approximately $38.71 million. The average entry price was $1,936, and the margin utilization rate reached 100.3%. The margin for this address is $9.67 million, and no new accounts have been seen taking long positions in ETH recently.
Source:X
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