A whale closed a long position of 20,000 ETH, earning a profit of $850,000

GateNews

ethereum news

Source: panews

2026-03-11 01:58:49

ETH-0,92%

BTC-0,69%

Gate News reports that on March 11, on-chain analyst Yu Yan monitored that a whale opened a long position of 20,000 ETH at $2,003 (total value of $40.9 million) on March 9. The position was closed early this morning at $2,045, resulting in a profit of $850,000. Currently, this address still holds a long position of 600 BTC (worth $42 million) and 10,158 ETH spot bought yesterday (March 10), valued at $21 million.

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