Whale Closes 28,000 ETH Long Position, Retains 77,000 ETH Exposure Worth $160 Million

A whale that built a 105,000 ETH long position has closed 28,000 ETH contracts at an average price of $2,094.02 over the past 24 hours, locking in $1.263 million in realized gains, onchain analyst Ai Yi told Odaily Planet Daily. The whale now holds 77,000 ETH in long positions valued at $160 million, including 32,000 ETH with $1.193 million in unrealized profit. The same address has placed a limit sell order for 3,000 ETH in the $2,100–2,110 range.