Whale Increases Ethereum Holdings After October 11 Flash Crash

According to ChainCatcher, data from Hyperbot reveals that a major investor, known for shorting after the October 11 flash crash, has increased their Ethereum (ETH) long positions by approximately 15,300 ETH in the past 24 hours. This brings their total ETH long position to 190,935.11 ETH, valued at around $600 million. The most recent increase occurred six hours ago, with the current floating loss on the ETH long position estimated at $4 million. In addition to ETH, the investor holds long positions of 1,000 Bitcoin (BTC) and 250,000 Solana (SOL). The total value of their account holdings is approximately $723 million, with an overall floating loss of $7 million.