On March 26, a significant Ethereum (ETH) holder closed all long positions, according to BlockBeats. The positions were closed at an average price of $2,159, resulting in a modest profit of approximately $15,000, which likely covered the order fees. The total profit for the entire cycle reached $120,000.
The long positions were initially opened on March 20 at an average price of $2,140, with an initial position size of around $8.67 million. The holder continued to roll over and add to the positions, increasing the average price to above $2,150, with the peak position size reaching $8.67 million.