Two whales holding a total of $2.647 billions worth of ETH positions have turned profitable, with a combined unrealized gain of $22.77 millions.
According to Odaily, Ember monitoring shows that as the ETH price reached $3,200, both Trend Research and a whale with $230 millions in long positions have turned from unrealized losses to unrealized gains.
The whale with $230 millions in long positions (0xb31...3ae) opened a long position of 203,000 ETH via Hyperliquid, valued at $647 millions, with an average entry price of $3,147. This position previously had a maximum unrealized loss of $74 millions, and currently has an unrealized gain of $14 millions.
Trend Research (16090...fd95) used Aave to leverage and purchase 626,000 ETH, valued at $2 billions, with an average entry price of approximately $3,186. This position previously had a maximum unrealized loss of $141 millions, and currently has an unrealized gain of $8.77 millions.
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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