A certain whale closed an ETH long position with a loss of approximately $10.49 million, then opened a $27 million SOL long position.

BlockBeats news, November 15th, according to on-chain analyst Ember's monitoring, whale @fiyopi opened a long position of approximately 24,500 ETH at a price of $2,207.5 several days ago, with a notional value of about $54.08 million. As ETH dropped sharply, he closed the position at $1,783.3 this morning, realizing a loss of approximately $10.49 million.

After closing the ETH long position, @fiyopi immediately opened a SOL long position worth about $27 million at $70.5. This move may indicate that he remains bullish on a rebound but is more optimistic about SOL's relative performance against ETH going forward.

Source

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