📈 A known on-chain trader who lost $𝟯𝗠 on a BTC long 10 days ago is back — and just opened a 5x long on 31,956 ETH (~$55M notional). The trader first tried shorting BTC, got stopped out for another $𝟯𝟲𝟬𝗞, then flipped fully bullish on ETH. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: The $55M ETH long is a meaningful directional bet that could signal conviction on ETH finding a bottom. But this trader's recent track record is poor — two consecutive losses totaling $3.36M. The 5x leverage means a ~20% adverse move triggers liquidation. If this position holds, it could act as a support signal; if it unwinds, it adds sell-side pressure. Explorer: https://hyperbot.network/trader/0x9137bd9347f07990a8ce22869f8b93d190479c5a source: lookonchain Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))