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39d 17h ago
Ethereum Whale Partially Closes ETH Long, Offloads 14,400 ETH for $800K Realized Profit; Holds 33,148 ETH (~$133M) with $1.6M Unrealized
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COINOTAG News, on October 29, cites HyperInsight monitoring showing an unidentified ETH whale address (0xc2a) delivering a 100% win rate across contract trades since October 14. In the most recent window, the trader partially exited the ETH long stance, moving out 14,400 ETH within the past hour and locking in a realized profit near $800,000.
Its current ETH exposure remains large, with the position standing at 33,148 ETH, about $133 million at current prices, while the unrealized gain sits around $1.6 million. The activity underscores how large holders adjust risk and liquidity and may influence near-term price dynamics in Ethereum and the wider crypto market.
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