A whale trader realized an $8.93 million profit by closing a 20,000 ETH long position after market volatility triggered by U.S. CPI data. The position was opened on August 19 at $1,936 and exited today at $2,421.6, exactly two months later.
The trader had previously seen unrealized gains peak at $17.42 million when ETH reached $2,800 on September 22. The final locked-in profit represents roughly half of that maximum paper gain, as the position was closed during the post-CPI market decline.
Whale Locks in $8.93M Profit on 20,000 ETH Long Following CPI-Driven Drop
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