A Bitcoin OG Whale Closes Over 130,500 ETH Long Positions at $4,692, Earning $42.5 Million in Profit

According to a report by Jinse Finance, Lookonchain monitoring shows that a Bitcoin OG whale closed a long position of 130,564 ETH ($612.6 million) at a price of $4,692, realizing a profit of $42.5 million. The whale then purchased a spot position of 33,381 ETH worth $155 million. It is reported that over the past six days, this whale has purchased a total of 544,977 ETH ($2.55 billion) and staked all of it.