A prominent crypto whale holding a 20,000 ETH long position entered at $1,936 now carries an unrealized profit of $14.06 million after capturing the recent market rally. The trader successfully timed the upside move in Ethereum during the early stages of the current market cycle.
The same entity opened a new short position of 650 BTC worth $53.68 million at an entry price of $84,057 this morning. This bearish Bitcoin bet has already generated an unrealized profit of $950,000 as prices declined following the position's establishment.
Whale Sits on $14M ETH Profit, Opens $53.6M BTC Short Position
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