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21d 5h ago

Ethereum 1011 Insider Whale Locks in $55K Profit After Closing ETH Short, Launches New $15M 5x Short With $5,056 Liquidation Price

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Ethereum
Ethereum

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COINOTAG News reports that on-chain analyst Ai Auntie (@ai_9684xtpa) tracks the so‑called “1011 Insider Whale”, who closed a leveraged ETH short, securing roughly $55,000 in profit as the final liquidation price was near $2,989.85.

Late yesterday, the same address opened a fresh 5x ETH short with a position size of about $15 million (roughly 5,000 ETH), entry near $3,001.81, and a liquidation price pegged at $5,056.

This sequence highlights the role of on-chain analytics in monitoring large wallet bets amid volatile price action, signaling continued emphasis on prudent risk management and disciplined stop‑loss controls in high‑leverage crypto strategies.

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