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The swing-trading whale that built a position in ETH for $1,985 is now taking profit, with an unrealized gain of $1.085 million.
Mars Finance reports that on April 13, on-chain analyst Ai Aunt (@ai_9684xtpa) monitored that a whale who built a position at $1985 in ETH is now taking profits.
A whale who frequently trades with $10 million in a swing strategy, 0x54d…e6029, has placed a limit sell order for 5,000 WETH on Cowswap, totaling $11 million.
This whale initially built the position at a short-term low point on March 30.
If this sale is executed, it will realize a profit of $1.09M.