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A Whale that previously made a precise shorting profit of 200 million USD has invested 40 million USD to go long on ETH.

[The Whale that accurately shorted and made a profit of 200 million USD invests 40 million USD to go long on ETH] According to Arkham data monitoring, a well-known whale who made a profit of 200 million USD through shorting before the market big dump on October 10 has recently transferred 10 million USD to the Hyperliquid platform and built a long position in Ethereum. On-chain data shows that the whale currently holds a long position in ETH worth 44.5 million USD, and has unrealized gains of over 300,000 USD within an hour of building the position. The current position building coincides with the fluctuation adjustment period of Ethereum. The address previously recorded significant profits through reverse operations, making its current long position layout an important market indicator. The price trend of Ethereum and the subsequent actions of whales are still to be observed.

ETH1.67%
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