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🚀 ETH Perpetual Contract Position Sees Profit Amid Price Rebound

According to Odaily, data from Hyperbot indicates that a $16 million ETH perpetual contract long position held by a major investor has turned profitable this week, with an unrealized profit of $1.05 million.

The position's average entry price was $3,392, with a liquidation price of $3,364. The equity change chart shows that the account experienced a maximum loss of approximately $1.2 million earlier this week. However, due to a rebound in ETH prices over the past two days, the losses have been successfully reversed.

Currently, the investor still faces an overall loss of $12.6 million.


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