On August 5, BlockBeats reported, citing on-chain analyst Ai Yi (@ai_9684xtpa), that an ETH short whale has closed a profitable position. The address, identified as 0xd9a…8bbf3, held the trade for just 1 hour and 17 minutes before taking profit. The move earned $177,000, lifting the whale's win rate to 81%.
This high-win-rate address specializes in shorting ETH, according to the analyst. In this latest trade, it closed 26,000 ETH, valued at approximately $48.66 million. The final entry price was $1,871.2 per ETH, and the take-profit point was $1,864.4 per ETH. That works out to roughly $6.8 per ETH, or about $176,800 in total, matching the reported profit figure.
According to the analyst's on-chain monitoring, this is the 21st short position executed by this address since July 27. The data was shared publicly on August 5. No additional details about the whale's next moves were provided.
An ETH short whale has closed a position with a $177,000 profit after holding it for just 1 hour and 17 minutes, according to on-chain analyst Ai Yi (@ai_9684xtpa). The analyst shared the update on August 5.
The address, 0xd9a…8bbf3, specializes in shorting ETH. In this trade, it closed 26,000 ETH worth approximately $48.66 million. The entry price was $1,871.2 per ETH and the take-profit point was $1,864.4 per ETH, generating a per-ETH gain of $6.8.
Ai Yi noted that the whale's win rate has now risen to 81%. This is the 21st short position the address has opened since July 27.
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