「Cool-headed Whale」, after taking profit on a short position, went long on BTC, ETH, etc., with a position size of approximately $64 million
BlockBeats News, November 5th, according to on-chain AI analysis tool CoinBob (@CoinbobAI_bot), the "Calm Long King" realized profits from a short position last night, and opened long positions at $101,600 for BTC, $3,390 for ETH, and $156 for SOL, and further scaled into the positions. Additionally, a small long position in UNI was opened, along with a partial purchase of BTC and ETH spot. The total position size reached $63.76 million.
The current BTC long position has an unrealized profit of $280,000 (27%), with an average price of $100,500 and a position size of approximately $20.51 million; the ETH long position has an unrealized profit of $900,000 (100%), with an average price of $3,186 and a position size of approximately $22.19 million; the SOL long position has an unrealized profit of $350,000 (38%), with an average price of $153 and a position size of approximately $18.73 million.
Previously, the address completely closed the BTC and SOL short positions last night, realizing a total profit of $4.71 million. The trader had rolled a $3 million principal to over $20 million. With multiple accurate predictions of market trends, a single trade once yielded a profit of $5.1 million, garnering attention from the on-chain swing trading community.
BlockBeats reminds investors that the recent cryptocurrency market has experienced significant volatility, and investors should pay attention to risk management.
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