After closing BTC short positions, the whale starting with 0x3fc opened ETH long positions, with holdings exceeding $9 million.

BlockBeats News, October 24, according to monitoring by HyperInsight, in the past 2 hours, the whale address starting with 0x3fc opened a new 12x leveraged ETH long position at an average price of $3,859, with a notional position value reaching $9.05 million. A take-profit order was placed at $4,135, and the current liquidation price is $3,609.

In addition, this address opened a nearly $35 million BTC short position yesterday at 14:00 at an average price of approximately $109,600, which was closed for profit at 5:00 am today. Although this trade was closed with a profit, the address has shorted BTC multiple times over the past week, with the largest position opened on the 21st incurring a loss of more than $2 million. The cumulative loss currently stands at $4.66 million.

According to further monitoring, among the whales who opened new ETH positions in the past four hours, the long-to-short ratio is about 50.9:40.1. This includes the "BTC OG" whale-related address that opened a new ETH long position four hours ago.