Data: A certain smart money reduced its holdings by 124 ETH, earning a profit of $211,000, with remaining unrealized gains of $5.51 million.
According to ChainCatcher, on-chain analyst @ai_9684xtpa monitored that a smart money address, which previously went long on Ethereum with 25x leverage after the flash crash on October 11, has started to reduce its position.
This address set limit sell orders between $4,091.7 and $5,198.8, and sold 124 ETH as Ethereum's price rose, earning a profit of $211,000. Currently, the address still holds 18,357.57 ETH, with an unrealized profit of $5.51 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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