Ethereum Leads On-Chain Swing Trading as Calm Long King Turns $3M Into $30M in 2 Months
ETH/USDT
$11,341,264,445.51
$2,157.00 / $2,050.12
Change: $106.88 (5.21%)
-0.0036%
Shorts pay
COINOTAG, citing Coinbob, reports the crypto news that the Calm Long King has not adjusted positions for six days. Floating profit peaked above $8M, now about $3.78M as volatility persists; total exposure near $69.85M.
As of November 11, ETH Long shows a floating profit of $2.87M (297%), plus $1.61M (176%), with avg price $3,431 and a $22.91M position.
BTC Long records $1.31M (112%) floating profit, an additional $0.31M (28%), avg price $10.35, and a $22.09M exposure.
SOL Long shows $2.12M (157%) in floating profit with a $0.08M (-8%) drawdown, avg price $153, and $19.49M exposure; UNI Long yields $3.10M (478%) with $1.90M (360%) unrealized, avg price $5.02, size $5.29M.
The trader reportedly turned a $3M principal into over $30M in two months, fueling on-chain swing trading discourse. Investors should maintain strict risk controls amid ongoing volatility.