「ETH Whale Whisperer」 took profit this morning on a $96 million ETH long position, realizing a profit of $14.5 million

BlockBeats News, March 17th, according to Coinbob Popular Address Monitor data, driven by ETH's rise above $2300, the "ETH Whales" address (0xa5b0) saw its long position's total unrealized gains expand to over $25 million. Subsequently, in the past 4 hours, the address liquidated a long position of 40,000 ETH at an average price of around $2350, equivalent to $94 million, realizing a profit of $14.5 million.

As of the time of writing, its main positions are as follows:

15x ETH Long: Holding approximately 30,000 ETH, equivalent to $70.7 million, average price of $1991, unrealized gain of $11 million (233%);

20x BTC Long: Holding approximately 700 ETH, equivalent to $50.8 million, average price of $68420, unrealized gain of $5.04 million (190%);

This whale had previously built an ETH long position worth billions of dollars at the end of last year and liquidated it all in February this year. Recently, they have begun rebuilding their position, often receiving fund transfers from Matrixport, likely related addresses. They frequently engage in high-volume trades with a trading style of selling high, buying low, and swing trading with a volume of over a billion dollars.