Odaily, citing Onchain Lens, reported that 5bro.eth, identified as 0x58bro, deposited 1.5 million USDC and placed a limit order to go long 2,000 ETH, worth about $3.73 million. If the order is filled, the address’s ETH short position would be reduced from 6,500 ETH to 4,500 ETH. Onchain Lens also said the address linked to the activity is 0x418aa6bf98a2b2bc93779f810330d88cde488888. The wallet’s cumulative profit stands at $34.7 million, according to the monitoring update. The move points to a partial reduction in the trader’s existing short exposure rather than a full reversal of the position.
Odaily reported, citing monitoring by Onchain Lens, that 5bro.eth, marked as 0x58bro, deposited 1.5 million USDC and placed a limit order to go long 2,000 ETH, valued at about $3.73 million.
If filled, the order would reduce the address’s ETH short position from 6,500 ETH to 4,500 ETH.
Onchain Lens identified the related address as 0x418aa6bf98a2b2bc93779f810330d88cde488888 and said the wallet’s total profit stands at $34.7 million.
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