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A whale just made a bold $50M long position on ETH last night. The trader already locked in over $5M gains from yesterday's pump, but surprisingly hasn't closed the position yet.
Here's what's interesting: the position is still open heading into two major catalysts:
• 10:00 AM - Tariff ruling announcement
• 12:00 PM - Federal Reserve speech
Is this a calculated hold waiting for these events to play out? The whale's conviction suggests they're expecting significant market moves. Whether it's insider information or pure market instinct, keeping a $50M+ position open through these headlines shows serious confidence—or serious risk appetite. 👀