Whale closes 60,000 ETH long for $14.88 million profit after four months

A crypto whale closed a 60,000 ETH long position at an average price of $2,514, booking a $14.88 million profit after holding the trade for four months. The position had reached a maximum unrealized loss of $120 million. The whale still holds 3,000 BTC worth $235 million and 60,000 ETH worth $151 million in long positions, with total unrealized profit of $47.45 million, according to on-chain analyst Ember.

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