Whale address 0x2684 used a leveraged, looped strategy to go long on ETH and Bitcoin, buying 79,216 ETH at an average $1,777 and 1,400 WBTC at an average $63,887. Over three days, it sold 15,765 ETH at $2,281 and 110 WBTC at $78,235, generating an estimated $9.5 million profit, according to Lookonchain. Separately, Ai Yi monitored the address depositing 3,000 ETH to Binance at an average $2,413.40 after withdrawal at $1,776.83, implying an estimated $1.91 million gain if sold at that price. Since Aug. 19, the address has deposited 13,887.15 ETH to centralized exchanges, with Ai Yi estimating cumulative profit of $6.727 million.