A whale,"pension-usdt.eth", closed out a $66 million long position in ETH, recording a profit of approximately $740,000.

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According to Mars Finance, on January 15th, Coinbob's hot address monitoring showed that the whale"pension-usdt.eth" (0x0ddf) closed out its ETH long positions, totaling 20,000 ETH, equivalent to approximately $66.4 million, at the previous average price. This long position ultimately yielded a profit of approximately $740,000. Following this operation, its ETH long positions are now completely liquidated. The total assets of this contract account are currently $35.7984 million. This address has over $30 million in funds and is skilled at capturing trading opportunities during market volatility, employing a high-frequency, high-volume trading strategy. Its cumulative profit over the entire period exceeds 10.23 million USDC, and its historical total trading volume exceeds 4.5 billion USDC.

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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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