ETH Whale Profits $39.88M From Shorts Since 1011 Flash Crash, Yet Long ETH Positions Carry $19M Unrealized Loss

ETH

ETH/USDT

$2,065.36

-4.16%

$2,065.36

-4.16%

(24s)

24h Volume

$11,341,264,445.51

24h H/L

$2,157.00 / $2,050.12

Change: $106.88 (5.21%)

Long/Short

69.3%

Long: 69.3%Short: 30.7%

Funding Rate

-0.0036%

Shorts pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,066.20

▼ -0.90%

Volume (24h): -

Resistance Levels

Resistance 3$2,233.72

Resistance 2$2,166.33

Resistance 1$2,083.64

Price$2,066.20

Support 1$2,063.38

Support 2$1,916.14

Support 3$1,747.80

Pivot (PP):$2,081.18

Trend:Uptrend

RSI (14):46.9

COINOTAG News, November 20, reports that on-chain analyst Ai Auntie (@ai_9684xtpa) traces a whale address 0x9ee…1daAb that has operated since the 1011 Flash Crash. By employing seven short positions, the wallet has secured over $39.88 million in realized gains. The same address now carries a hedged book with net unrealized losses on its long crypto exposure.

The current long book covers ETH and XRP with about $19 million in unrealized losses, signaling a risk-managed tilt after the prior drawdown. Market observers note the shift from directional shorting to hedging activity amid volatile liquidity conditions.

Position details show two ETH longs: $184 million notional at an entry of $3,219, unrealized loss of $11.6 million; and $94 million notional at $2.29, unrealized loss of $7.4 million. The combined unrealized loss aligns with the reported $19 million mark.