After losing $2.04 million in an ETH flash crash liquidation, a certain whale has gone long on ETH again and is currently sitting on an unrealized profit of $7.5 million.
According to Jinse Finance, on-chain analyst Yujin has monitored that a certain whale (0xb9f...d365), after losing $2.04 million due to liquidation during an ETH flash crash, has once again taken a large long position in ETH and is currently sitting on an unrealized profit of $7.5 million. At the beginning of September, the whale went long on ETH at a price of $4,300, but this position was liquidated during the flash crash on the morning of October 11, resulting in a loss of $2.04 million. The day after the liquidation, the whale withdrew 9.5 million USDC from an exchange to go long on ETH again. Currently, the whale holds a long position of 18,900 ETH, valued at $78 million, with an average entry price of $3,717.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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