The ETH band whale has closed its remaining positions, and the profit of this transaction reached 2.79 million US dollars

01/09 16:09

Wechat scan to share

According to Chainalysis analyst Yu Jin's monitoring, a ETH band whale has now completely closed the other half of its position. This ETH short sale went from a floating loss of $5 million to a profit of $2.79 million. In addition, the ETH band whale also made a total profit of over $10 million through 25 band operations (20 profitable and 5 losing).

Comments

All Comments

Recommended for you

04/12 11:41

DWF Labs Partners: Hold USD1 to get Falcon Finance closed beta test qualification

On April 12th, DWF Labs managing partner Andrei Grachev posted on social media that as long as users have the stablecoin USD1 in their on-chain wallet, they can directly access the closed beta testing of the stablecoin protocol Falcon Finance and enjoy its profits earlier than others. Falcon Finance is a synthetic USD stablecoin protocol launched by DWF Labs. Today, DWF Labs has started adding USD1 liquidity on-chain.
04/12 10:02

DWF Labs has deployed USD1 liquidity on ETH and BSC, and USD1 will be officially launched

according to @EmberCN monitoring, DWF Labs has begun deploying the USD1 liquidity of the DeFi project WLFI supported by the Trump family on the chain, marking that the stablecoin now supports on-chain circulation and trading. Data shows that in the past 8 days, the DWF Labs address has received 11 million USD1 tokens from WLFI on both the Ethereum and BSC chains.
CointimeSG · 04/12 08:13

Nexus 2140: Exploring the Convergence of AI, Web3 & ECOM for Future Opportunities

The highly anticipated Nexus 2140: AI · Web3 · ECOM Global Expo will take place on June 21-22, 2025, at the KINTEX Convention Center in Goyang, South Korea.
Irina Heaver，Cryptoslate · 04/12 04:03

Survey reveals 1 in 5 Americans own crypto, with 76% reporting personal benefits

About 39% of holders use it to make purchases, while 31% use crypto to send money to family or friends.
Decrypt · 04/12 02:22

Spanish Police End Crypto Scam Ring That Used AI to Swipe $21 Million From Investors

Hundreds of people were collectively conned out of $21 million in a crypto investment scam driven by AI impersonations, police said.
Cryptopolitan · 04/12 01:56

US Senate draft bill targets AI and crypto data centers with emissions fees

The US Senate proposes a bill to charge emissions fees on data centers supporting AI and crypto.
Bankless · 04/11 23:38

Bankless：Can Bitcoin Thrive Onchain?

while BTC holds immense value, relatively little of it is actively utilized on-chain to provide yield opportunities.
Frank · 04/11 23:30

On Bitcoin Privacy: More Deputy Attorney General, Less New York Attorney General

This week, Deputy Attorney General Todd Blanche called for an end to targeting crypto mixers, while New York Attorney General Letitia James called for a further crackdown on them.
04/11 10:31

EU Trade Commissioner proposes zero-to-zero tariffs on goods to US

European Commission Trade Commissioner Dombrovskis: We propose zero tariffs on goods to the United States, and if no trade agreement is reached, we are also prepared to respond. If necessary, we are prepared to take retaliatory measures.
CointimeSG · 04/11 09:02

Ethereum crashed in Q1. Could May’s Pectra upgrade bring it back?

The price of ETH has sunk since the start of the year. Traders hope a new and improved network will fuel a bullish trend.