Trader Eugene has taken profit on the ETH long position

ChainCatcher news, according to on-chain analyst Ai Yi (@ai_9684xtpa), trader Eugene has taken profits on his ETH long position. Although he is optimistic that ETH will rise to $3800 - $4000 in the short term, he still chose to cash out during this rapid rebound.

Analyst Ai Yi stated that based on the timing of the position switch announcement, the return rate is approximately 6.14% in less than four days.