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Whale moves again! $100 million worth of ETH transferred to leveraged accounts, long positions with a floating profit of $17 million
【Blockchain Rhythm】Recently, there has been an interesting phenomenon worth noting—a seasoned early BTC participant made a major move in the past 5 days, transferring 34,244 ETH (equivalent to approximately $102.82 million) from a leading compliant platform into a leveraged account on another mainstream exchange. From this action, it appears that this whale is likely engaging in leveraged trading strategies.
Even more interesting is the profit situation of this whale account. As of now, the overall unrealized profit has expanded to $17 million. In his main holdings, the ETH long position has turned profitable, with an unrealized profit of $11.95 million (9%), at an average price of around $3,147, with a scale of about $650 million. In addition, he maintains long positions in BTC and SOL, which are also in profit.
Overall, this whale’s current total account holdings are approximately $815 million, and on decentralized derivatives platforms, his long positions in ETH, BTC, and SOL rank among the top tier. This scale and concentration of long positions reflect the market outlook of this major holder.