A whale closed out a long position of ETH worth 8.6 million at breakeven, with an average closing price of $2,159.

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According to BlockBeats, on March 26, Hyperinsight monitoring showed that the "30 failed attempts to go long"whale quickly closed all its ETH long positions, exiting at break-even near its cost basis. The average closing price was $2,159, resulting in a small profit of about $15,000, which may just cover the order placement fees. The total profit for the entire period reached $120,000.

The long position was opened on March 20 at an average price of $2,140, ​​with an initial position size of approximately $8.67 million. Subsequently, the address continued to add to the position, raising the average price to above $2,150, with the peak position size reaching $8.67 million.

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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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