Whale with address starting with 0x3fc closed a BTC short position and opened an ETH long position, with a total position size exceeding $9 million.

By: theblockbeats.news|2025/10/24 04:15:53

BlockBeats News, October 24th, according to HyperInsight monitoring, in the past 2 hours, a whale address starting with 0x3fc opened a new ETH long position with 12x leverage at an average price of $3859, with a nominal value of $9.05 million, and set a take-profit order at $4135, with the current liquidation price at $3609.

In addition, the same address opened a short position on BTC yesterday at around an average price of $10.96, with a position worth nearly $35 million, and exited with a take-profit this morning at 5:00. Despite the profit from this trade, the address has been shorting BTC multiple times in the past week, with the largest loss from an opening on the 21st exceeding $2 million, resulting in a cumulative loss of $4.66 million.

Furthermore, according to monitoring, among the whales who opened new ETH positions in the past four hours, the long/short ratio is approximately 50.9:40.1, including the "BTC OG" whale-associated address that opened a new ETH long position 4 hours ago.

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