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A certain "CZ Reverse Trading Whale" has switched to go long on ETH, holding approximately $109 million in long positions.
On November 5th, according to Lookonchain monitoring, a “CZ Reverse Trading Whale” has switched from shorting ETH to going long, currently holding 32,802 ETH (approximately 10.9 million USD) long positions. At the same time, this investor still holds multiple short positions, including AST worth 59.7 million USD and kPEPE short positions worth 11.3 million USD. This Whale previously increased its AST short positions after CZ posted about buying AST, once having over 21 million USD in unrealized profits. The Whale simultaneously shorted DOGE, ETH, XRP, and PEPE, all of which were profitable.