A prominent cryptocurrency whale, known for opening short positions following the October 11 flash crash, has accumulated long positions totaling 54,277.3393 ETH, valued at approximately $164 million. According to Hyperbot data, these positions have an average opening price of $3,048.31 and are currently experiencing a floating loss of about $950,000.
Additionally, the whale recently placed a buy order for 20,000 ETH at $3,000, amounting to roughly $6 million, which remains unfilled. This strategic move highlights the whale's continued engagement in the market despite current losses.
Whale's Long Position Reaches $164 Million Amid $950,000 Loss
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
