An address bought the dip on Ethereum in the $3,660 to $3,710 range, opened a 2x long position, and is currently floating a profit of $22,000.
According to ChainCatcher, on-chain analyst Ai Yi (@ai 9684xtpa) has monitored that an address with limit orders in the $3,660-$3,710 range successfully purchased $2 million worth of Ethereum and opened a 2x long position on ETH. The current position holds 539.81 ETH, with an entry price of $3,704.99 and an unrealized profit of $22,000.
This address then further lowered its limit order range, placing $8 million worth of orders in the $3,620-$3,690 range.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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