A whale wallet starting with 0x4ff9 closed a 6,000 ETH long position over the past hour, according to TradingBeats, unwinding a trade worth about $14.979 million and leaving the account with no open positions. The exit came close to break-even.
The position was opened on Oct. 9 and held for nearly five days. TradingBeats data showed an average entry price of about $2,491.34 and an average exit price of about $2,496.51. On a gross basis, the trade generated roughly $31,100 in profit.
After accounting for opening and closing fees as well as funding costs, net profit fell sharply to about $9,753. The move was reported on Oct. 14 by BlockBeats, citing TradingBeats monitoring data. The account has now fully cleared all positions.
A whale wallet beginning with 0x4ff9 closed a 6,000 ETH long position over the past hour, according to TradingBeats. The trade was worth about $14.979 million, and the account has now cleared all positions, exiting near break-even.
The position was held for nearly five days
The long was opened on Oct. 9 and held for close to five days. Its average entry price was about $2,491.34, while the average exit price was about $2,496.51.
The trade posted roughly $31,100 in profit before costs. After two-way fees and funding payments, final net profit was only about $9,753.
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