Address Opens $38M ETH Long Position, Earns Over $852K Since August

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A trader holding a long position in ETH has opened a $38 million position with 20x leverage, holding approximately 15,000 ETH at an entry price of $2,529.77. The address 0xa31…7d8f9, monitored by Ai Auntie, has employed precise position sizing to accumulate profits. Since August 24, this trading strategy has generated over $852,000 in gains from long positions in BTC and ETH. The position was initiated after ETH broke above $2,500.

According to on-chain analyst Ai Yi (@ai_9684xtpa), the address 0xa31…7d8f9 opened a 20x leveraged long position on ETH after it broke above $2,500. The address currently holds a long position of approximately 15,000 ETH, valued at around $38 million, with an entry price of $2,529.77. Since August 24, this address has accumulated over $852,000 in profits from long positions on BTC and ETH.

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