Data: A whale that bottomed out ETH on October 11 held the position for 34 days and then returned a profit of 6 million dollars, but recently suffered a loss of 7.8 million dollars due to chasing highs and selling lows

According to monitoring by HyperInsight, at 1 AM today, the "whale that was firmly bullish on ETH" (0xb9f) has shifted back to a bullish position on ETH, with a holding size of 43.74 million USD, an average price of 3432 USD, and an unrealized loss of 660,000 USD (about 40%). The ETH short position opened by this whale last night has been completely closed, realizing a loss of 1.38 million USD.

Previously, this address had held a bullish ETH position for over 34 days, realizing a loss of 2.04 million USD at the end of yesterday morning. At its peak, it had an unrealized profit of over 6 million USD (about 300%), and it was the second largest bullish position on ETH contracts on Hyperliquid, before briefly reversing to open a short position on ETH.