The "whale that went long on ETH 25 times after the 1011 flash crash" has switched to shorting, giving back over $8.38 million in profits.
OdailyNov 5, 2025According to on-chain analyst Ai Yi (@ai_9684xtpa), the "smart money" account that profited handsomely by going long on $ETH with 25x leverage after the "1011 flash crash" has recently reversed course. About eight hours ago, the account closed its remaining 19,383.25 $ETH long positions in batches, incurring a cumulative loss of approximately $6.646 million, erasing its previous peak profit of $8.38 million. Subsequently, the account quickly established a new 25x leveraged short position, holding approximately 18,802.51 $ETH (worth approximately $61.45 million), currently showing a floating profit of approximately $1.3 million. [Odaily Planet Daily]
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The "whale that went long on ETH 25 times after the 1011 flash crash" has switched to shorting, giving back over $8.38 million in profits.
OdailyNov 5, 2025According to on-chain analyst Ai Yi (@ai_9684xtpa), the "smart money" account that profited handsomely by going long on ETH with 25x leverage after the "1011 flash crash" has recently reversed course. About eight hours ago, the account closed its remaining 19,383.25 ETH long positions in batches, incurring a cumulative loss of approximately $6.646 million, erasing its previous peak profit of $8.38 million. Subsequently, the account quickly established a new 25x leveraged short position, holding approximately 18,802.51 ETH (worth approximately $61.45 million), currently showing a floating profit of approximately $1.3 million. [Odaily Planet Daily]
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