A profit of nearly $1 million from a single ETH position isn’t enough to offset this whale’s trading journey. According to Onchain Lens monitoring, the trader just closed a long position of 3,000 ETH, locking in a profit of approximately $939,500 (around Rp15.7 billion). However, they haven’t fully exited the market. The trader still holds long positions in BTC and ETH totaling $7.26 million, with an additional $1.08 million in unrealized gains. What makes their history notable is that their overall PnL across all trading activity remains negative at $9.92 million. A single trade can generate nearly $1 million in profit, yet the overall trading journey still leaves a much larger net loss. #WhaleTrader #CryptoTrading #OnChain
Cryptoiz Research 🇮🇩🇮🇩Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.