ETH Whale Opens $15.11M ETH Long at $3,021 Bottom, Then Closes ETH and SOL Long Positions for a Small Profit

COINOTAG News, citing HyperInsight, reports notable whale activity in the crypto market during the past two hours. An address tagged 0x8d0 opened an ETH long near the $3,021 level, with an estimated position size around $15.11 million, signaling a high-conviction bet at a key support area.

The same entity also closed earlier ETH and SOL long positions today, locking in a modest profit close to $400,000. Since November 3, the address has favored intraday rotations across several tokens, delivering a weekly win rate of 27%.

Despite a late-month drawdown, the trajectory shows improvement as losses narrowed from about $6.7 million to roughly $5.32 million, with the current balance around $13.7 million, underscoring disciplined risk management amid liquidity volatility.