2 days ago
Tracked wallet flips from short to long on ETH, now holding about $11.87 million in longs
Odaily said monitoring data showed that a tracked wallet reversed its ETH derivatives position from short to long between 18:04 on Oct. 29 and 09:59 on Oct. 30. During that span, the address closed roughly $61.01 million in ETH short positions and opened about $11.87 million in long positions. As of the latest update, the wallet was holding a long position of about 5,316 ETH, valued at roughly $11.87 million. Odaily also said the contract account tied to the address has generated cumulative profit of about $138 million. Within the trading window, the address recorded about $17.25 million in cumulative position closures and about $13.87 million in cumulative openings. The monitored address is 0x7fdafde5cfb5465924316eced2d3715494c517d1.
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