Smart Money’s ETH Trades Yield Over $20M in a Month with $14.8M Unrealized Short Profits

According to COINOTAG News on June 21st, data from LookIntoChain reveals a notable “Smart Money” trader executing a strategic short position at a market bottom, followed by a long entry. This sophisticated trading approach has yielded exceptional results in the Ethereum (ETH) market over the past month. The trader’s precision in timing and execution has generated profits exceeding 20 million USD within a short timeframe. Presently, the unrealized gains on the short position alone surpass 14.8 million USD, underscoring the effectiveness of advanced market analysis and risk management. This case exemplifies the growing influence of institutional-grade players in the crypto space, highlighting the importance of monitoring on-chain data for informed investment decisions.