The Ethereum long position of the giant whale who shorted after the 1011 flash crash is now floating a profit of $21.5 million.
According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) has monitored that a certain whale, who opened short positions after the flash crash on October 11, now holds 80,985.83 ETH long positions with an unrealized profit of $21.5 million. Part of this whale's positions were opened at an average price of $3,108.49. Due to the continued rise of ETH, their order of 19,108.68 ETH at the $3,280 price level remains unfilled, valued at $62.67 million. Currently, the whale's margin usage rate is only 38.35%, leaving significant room for additional positions.
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