I just saw that a major whale recently closed its long position of 20,000 ETH. It entered on March 9 at $2,003 and exited on the 11th at $2,045, taking out $850,000 in profit. Not bad at all for a short-term trade.



The interesting thing is that this whale didn't leave the market. It still holds 600 BTC (which are now worth much more than the $42 million back then) and also bought 10,158 ETH in spot on March 10. It seems the whale is still betting heavily on cryptocurrencies.

These kinds of movements always catch my attention because they show how big players navigate the market. They close positions with profits but maintain their long-term exposure. The whale clearly believes there is more upside ahead.
ETH-3.23%
BTC-1.88%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin