Lookonchain reports that trader 0x15a4 closed a 4-month-long long position of 1,000 BTC (worth approximately $78.18 million) and a long position of 10,000 ETH (worth approximately $22.35 million), accumulating profits of over $20 million. Subsequently, the trader shifted to shorting ETH, opening a short position of 13,000 ETH with 20x leverage, valued at approximately $29 million.
Whale closes BTC and ETH long positions after four months, earns over $20M, and shifts to short ETH
TechFlowShare
Summary
A whale closed a 1,000 BTC and 10,000 ETH long position after four months, securing over $20 million in profit. The trader, 0x15a4, analyzed key support and resistance levels before exiting. Position trading strategies clearly paid off, with the BTC and ETH longs valued at approximately $30 million. The trader then opened a 13,000 ETH short position with 20x leverage, worth approximately $29 million.
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