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Ethereum Rally: Trader 0xc2a3 Doubles Down with 33,270 ETH
Ethereum Rally – A well-known smart trader on the blockchain, recognized by the handle 0xc2a3, is making waves again with an impeccable track record. Renowned for a 100% win rate and precise market timing, the whale has now increased his exposure to Ethereum, signaling strong confidence in the cryptocurrency’s short-term upside.
Ethereum Position Skyrockets
Data from on-chain dashboards and Hyperliquid reveal that 0xc2a3 has boosted his long position in Ethereum to 33,270 ETH, roughly $131.24 million at current prices. This move was executed with 5x leverage, demonstrating the trader’s conviction in ETH’s potential to rebound. The timing aligns with Ethereum’s recent recovery from a local bottom near $3,750, showing resilience above $3,900, and hinting at a possible breakout above $4,000.
Bitcoin Moves Show Market Confidence
0xc2a3 isn’t stopping at Ethereum. The trader has also opened a 4x leveraged long position on 80 BTC, valued at approximately $8.9 million. This move reflects his confidence in the broader cryptocurrency market recovery, positioning him as a key player in high-stakes crypto trading.
Impressive Profit Record
The trader’s results speak volumes: to date, 0xc2a3 has amassed over $15.4 million in total profit, increasing his influence among top cryptocurrency traders. Previously, he earned $12 million, including a high-precision Bitcoin long between $108,700 and $109,100, which has now grown to a position of 716 BTC ($78 million).
Market Watching Closely
The crypto community is closely monitoring these moves, as 0xc2a3’s trades are not only sizable but historically predictive. Investors often track his activity, anticipating market behavior, especially as Ethereum price action tightens around key resistance levels.
