A powerful whale has opened a new long position in SEI worth $825,000, after profiting $150,000 from its previous short position in BTC.

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According to ChainCatcher, hyperbot data shows that a whale as the"Iron Head Long Army," established a new long position in SEI at 11:23 AM. After several rounds of adding to its position, its current holdings reach 6,000,395 SEI, equivalent to approximately $825,000, currently showing a slight loss. This whale currently only holds long positions in SEI.

The whale's previous SUI long position ended 8 hours ago, lasting 19.5 hours and yielding a profit of $26,800. Its previous ETH long position ended 6 hours ago, lasting 1 hour and 10 minutes and resulting in a loss of $43,000. The whale also closed its BTC short position 1 hour ago, making a profit of $150,000. Its account has accumulated approximately $820,000 in profit over the past week, but has suffered a paper loss of $200,000 over the past month.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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