According to Mars Finance, on November 20th, HyperInsight monitoring showed that in the past two hours, a whale (0x8d0) that long more than 30 times since the beginning of the month, mostly resulting in losses, opened a long position in ETH at $3021, with a holding size of approximately $15.11 million. In addition, this whale closed its previously opened long positions in ETH and SOL today, making a small profit of approximately $400,000. This address has been frequently going long on multiple cryptocurrencies intraday since November 3rd, with a weekly win rate of 27%. Monthly losses once reached $6.7 million, but have now narrowed slightly to $5.32 million, with the current account balance still at $13.7 million.
"30 long to buy on the whale, but persistent efforts" ended the curse of losing money on every trade, with long positions yielding approximately $400,000 in profit.
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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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