Whale Deposits 3,000 ETH to Binance and Realizes $7.24 Million Profit on Leveraged ETH and BTC Longs

An on-chain analyst monitored a whale who used leveraged long positions on ETH and BTC to realize a $7.24 million profit in ETH. The whale deposited 3,000 ETH to Binance 4 hours ago with a withdrawal average price of $1,776.83 and deposit average of $2,413.40, offering a potential profit of $1.91 million upon sale. Since August 19, the whale has cumulatively deposited 13,887.15 ETH to exchanges, achieving total profits of $6.727 million. The activity highlights ongoing profitable exits from leveraged crypto strategies.

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