Giant Whale Accumulates 3,594 ETH in New Long Positions with $275K Profit Amidst Recent Withdrawals from Binance

On September 21, COINOTAG reported that a notable whale, previously known for a substantial $8.22 million loss on leveraged long ETH positions, has re-entered the market. The whale has recently accumulated a total of 3,594 ETH, with a growing position valued at approximately $9.19 million. The average acquisition price for this long position is $2,484 per ETH, while the current price stands at $2,560. This strategic move has yielded a floating profit of around $275,000 so far. Notably, the whale just withdrew 1,477 ETH from Binance and transferred 2.6 million USDT, indicating that their long position strategy is still active.