ETH Leads Market Rebound as ‘Cool-headed Long King’ Delivers 185% Gain with $24.16M ETH Long in a $72.7M Position

As of November 10, COINOTAG News, citing Coinbob address monitoring, reports a renewed uptick in the cryptocurrency market driven by favorable headlines. The on‑chain figure nicknamed the Cool-headed Long King has been building long exposure since November 5 and now shows a cumulative floating profit of about $6.7 million, on a total position near $72.7 million, with the position still open. The current top allocations are led by ETH long, BTC long, SOL long, and UNI long, with average entry prices around $3,431, $103,500, $153, and $5.02 respectively.

Over roughly two months, the strategy has grown an initial $3 million principal to more than $28 million, aided by several precise trend calls and more than $4 million in aggregate profits across multiple trades. The development has drawn attention from the on-chain swing trading community, underscoring the market’s ongoing volatility. Investors are reminded to uphold strict risk controls and perform independent due diligence, given rapid re-pricing across ETH, BTC, SOL, and UNI.