Whale Trader Exits Ethereum Long Position with Losses
10/3/2024 2:57:56 AM
According to Ai 姨, a whale trader who previously incurred a loss of $8.22 million on a leveraged long position in Ethereum ($ETH) has begun exiting their position. The trader initially went long on 3,594 ETH at an average price of $2,484 between September 20 and 21, with a total value of $9.19 million. At its peak, the position had an unrealized profit of $536,000. However, the trader did not close the position at that time and eventually sold 2,200 ETH at $2,365 within two hours to stop the loss, resulting in a loss of approximately $260,000. (Source)
Ethereum ETH Ai 姨 whale traderMore from Ai 姨 (@ai_9684xtpa): Greeks.live is Professional Option Traders’ Arsenal.