A whale address has opened a $24.67 million worth multi-token long position, and has made a cumulative profit of $8.098 million this year.

BlockBeats News, September 24th, according to on-chain analyst Ai Yi (@ai_9684xtpa), after legendary trader Eugene made a bearish market comment, an address opened a $24.67 million long position in BTC, ETH, SOL, PUMP, and HYPE.

Among its five long positions, the BTC position accounts for 34.5% of the total, currently unrealized gains of $194,000, and the account has made a total profit of $8.098 million on Hyperliquid this year.

BlockBeats previously reported that trader Eugene Ng Ah Sio earlier today stated that he believes there are multiple signs indicating that the crypto market as a whole is in a fatigue state. He suspects that the crypto market will continue to decouple from the broader risk-on market and may soon begin to break below key support levels.