Data: The whale who bought the dip in ETH on October 11 and held for 34 days has given back $6 million in profits, recently chasing the rally and ending up losing $7.8 million.
ChainCatcher News, according to monitoring by HyperInsight, at 1 a.m. today, the whale (0xb9f) who was "once firmly long on ETH" turned back to ETH long positions, holding $43.74 million with an average price of $3,432, and an unrealized loss of $660,000 (about 40%). The ETH short position opened by this whale last night has been fully closed, with a realized loss of $1.38 million.
According to previous reports, this address had previously held an ETH long position for over 34 days, which ended in a loss of $2.04 million in the early hours of yesterday. At its peak, the position had an unrealized profit of over $6 million (about 300%), and was once ranked second in ETH contract long positions on Hyperliquid. The whale then quickly switched sides and opened an ETH short position.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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