According to Odaily, a highly profitable whale reduced a 9,976.46 ETH long position in batches about 11 hours ago. The average execution price was about $2,619.87, giving the sale a notional value of roughly $26.137 million. The move realized an estimated profit of about $14.22 million. After cutting the position, the whale then placed fresh ETH buy orders, showing renewed trading activity after the earlier reduction. No other details about the wallet or the size of the new orders were disclosed in the brief update.
According to Odaily, a highly profitable whale trimmed a 9,976.46 ETH long position in batches about 11 hours ago.
The average execution price was about $2,619.87, for a notional value of roughly $26.137 million. The trade realized an estimated profit of about $14.22 million.
After reducing the position, the whale then placed new ETH buy orders.
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