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📰 【On-Chain ETH Max Longs Sell 20k ETH, Profit of $1.04 Million】
BlockBeats news, April 21, according to Hyperinsight monitoring, last night and this morning, the on-chain ETH max long "BIT-related whale" sold a total of 20,000 ETH, approximately $46.3 million, with a closing price of about $23.14 million, recording a profit of about $1.04 million. Currently, this address still holds 20,000 ETH long positions, worth about $46.1 million, with an average price of $2,287, and unrealized gains have narrowed to $400k (17%). It is reported that digital financial services group Matrixport announced on March 20 that it was renamed BIT, and this whale address has been involved multiple times...
Damn it! This whale is dumping so aggressively! Selling 20,000 $ETH just like that, with only about a million dollars in profit? Is this a washout or a run? Still holding 20,000 long positions, unrealized gains shrunk to 17%. This move makes my scalp tingle—are they smelling something fishy? The sky is falling, folks!!
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