A whale closes a long position on 20,000 ETH, realizing an $8.93 million profit after holding for over 56 days.
According to Lookonchain, a whale who opened an ETH long position ahead of the market rebound has now closed the position, realizing a profit of $8.93 million. Data shows the address established a 20,000 ETH long position (valued at approximately $48.4 million) on August 19 and held it for over 56 days. The position's unrealized gains peaked at $17 million during the holding period.
