Alex Krüger: ETH will reach a historic high

Alex Krüger: ETH will reach a historic high

2024/04/15 04:08

Economist and cryptocurrency trader Alex Krüger believes that ETH will reach a historic high, stating that ETH is a good collateral, very suitable for pledging. However, he pointed out that if too much ETH is held and over-allocated, it would need to rebalance the portfolio when the market crashes due to poor performance of ETH.

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Data: The total assets of the "1011 Flash Crash Short Insider Whale" have increased to $665 million, with an unrealized loss of $15.23 million on ETH holdings.

The $230 millions long whale has increased their position to $666 millions, currently facing an unrealized loss of $17.1 millions.

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