According to on-chain analyst Onchain Lens (@OnchainLens), as the market rose, the whale address "pension-usdt.eth" closed a long position of 10,000 ETH (3x leverage, 50% margin), making a profit of $2.39 million. The address still holds a position of 10,000 ETH, with a floating profit of $2.34 million, and has placed an order to close this position at a price of $3,710.
Whale Closes 10,000 ETH Long Position, Earns $2.39M Profit
TechFlowShare
Summary
A whale closed a 10,000 ETH long position (3x leverage, 50%) for a $2.39 million profit as the ETH price increased. The address, pension-usdt.eth, still holds 10,000 ETH with a $2.34 million floating profit. An order to close the position is set at $3,710. ETH analysis indicates continued bullish momentum from large holders.
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