An address closed 95,053 ETH long positions and bought another 23,575 ETH
According to a report by Jinse Finance, Lookonchain monitoring shows that a certain Bitcoin OG is closing out their ETH long positions and buying ETH spot. They have closed 95,053 ETH long positions (worth $450 million) at an average price of $4,735, realizing a profit of over $33 million, and subsequently purchased 23,575 ETH spot (worth $108 million). They still hold 40,212 ETH long positions (worth $184 million), with unrealized profits exceeding $11 million.
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.
You may also like
Unicoin CEO: Will File a Motion to Dismiss the Fraud Lawsuit Filed by the US SEC
The probability of a Fed rate cut in September is 88.7%, while the probability of keeping rates unchanged is 11.3%.
