BlockBeats News, March 3rd, according to Coinbob Popular Address Monitor, the “ETH Whales” (0xa5b…1d41) has been continuously increasing its long position in BTC for the past 7 hours, with a total of 400 BTC added (approximately $27.33 million) at an average price of $68,425, currently experiencing an unrealized loss of $26,000. In addition, this address also holds a long position of 70,000 ETH, worth $140 million, with a current unrealized gain of $1.3 million.
This whale had previously established a billion-dollar scale ETH long position at the end of last year, closed it all out in February this year, with a position size of about 60,000 ETH. Since then, it has re-entered the market, continuing its trading style of high-volume buying at highs and selling at lows, engaging in swing trades with a volume of over a billion dollars.
