An address closed 95,053 ETH long positions and bought another 23,575 ETH
According to a report by Jinse Finance, Lookonchain monitoring shows that a certain Bitcoin OG is closing out their ETH long positions and buying ETH spot. They have closed 95,053 ETH long positions (worth $450 million) at an average price of $4,735, realizing a profit of over $33 million, and subsequently purchased 23,575 ETH spot (worth $108 million). They still hold 40,212 ETH long positions (worth $184 million), with unrealized profits exceeding $11 million.
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