「ETH Whale」 Boosts Long Position by 400 BTC in 7 Hours, Holding $140 Million ETH Long Position

BlockBeats News, March 3rd, according to Coinbob Popular Address Monitor, the "ETH Whales" (0xa5b...1d41) has been continuously increasing its long position in BTC for the past 7 hours, with a total of 400 BTC added (approximately $27.33 million) at an average price of $68,425, currently experiencing an unrealized loss of $26,000. In addition, this address also holds a long position of 70,000 ETH, worth $140 million, with a current unrealized gain of $1.3 million.

This whale had previously established a billion-dollar scale ETH long position at the end of last year, closed it all out in February this year, with a position size of about 60,000 ETH. Since then, it has re-entered the market, continuing its trading style of high-volume buying at highs and selling at lows, engaging in swing trades with a volume of over a billion dollars.