The "Buddy" started to take profits by closing part of the ETH long position during the rebound.

BlockBeats News, March 12, according to Hyperinsight monitoring, “Big Brother Whale” partially closed his ETH long position in the recent rebound market, reducing a total of 118 ETH. He still holds 5850 ETH long with 25x leverage, with a current position value of $11.97 million, unrealized profit of $176,000, entry price of $2,016, and liquidation price of $1,963.