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      Whale that precisely opened a 20,000 ETH long takes profit after CPI-driven drop, gaining $8.93 million

      PANews, October 14 — According to on-chain analyst Ember, after tonight's market decline triggered by U.S. CPI data, a whale that two months ago precisely opened a 20,000 ETH long at $1,936 right as this rally began has closed the position to take profit, realizing a gain of $8.93 million. The whale opened a 20,000 ETH long at $1,936 on August 19 and closed it today, two months later, at $2,421.6. When ETH rose to $2,800 on September 22, its unrealized profit was $17.42 million. The profit now locked in is roughly half of its peak unrealized gain.


      Source: PANews
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