A prominent Bitcoin investor has closed 95,053 ETH long positions, valued at $450 million, at an average price of $4,735, securing a profit exceeding $33 million. Following this, the investor purchased 23,575 ETH in spot transactions, worth $108 million. Despite these moves, the investor retains 40,212 ETH long positions, valued at $184 million, with an unrealized profit of over $11 million.
Bitcoin OG Shifts Strategy, Closes $450M in ETH Longs for Spot Purchases
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