Do you remember the mysterious whale who decisively closed his short position after the flash crash on 10/11? The long position of 80,985.83 ETH he holds has now yielded a paper profit of $21.5 million.

The average entry price for this batch of holdings is $3,108.49. However, since ETH has been steadily rising, his order to sell 19,108.68 ETH at $3,280 has yet to be filled—this portion alone is worth $62.67 million.

What’s even more intriguing are the operational details: this whale’s current margin usage rate is only 38.35%, meaning he still has over 60% of his ammunition unused. If he wants to continue adding to his position, there’s plenty of room to do so.