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ETH Whale Reduces Long Position by Selling 4,491 ETH for $8 Million: Realized Loss and Average Entry Update

According to Ai 姨 (@ai_9684xtpa), a major ETH whale who initiated a leveraged long of 15,000 ETH has partially closed the position by selling 4,491.2 ETH for approximately $8.07 million six hours ago, realizing a loss of $21,700. The whale's recent strategy of buying more ETH on dips has lowered the average long entry price to $1,801.24. The remaining 10,510 ETH held across two addresses is now showing a floating profit of $33,400. Traders can monitor these addresses for potential further liquidation or profit-taking activity. Source: @ai_9684xtpa on Twitter, April 29, 2025.

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