𝗧𝗵𝗶𝘀 𝘄𝗵𝗮𝗹𝗲 𝗺𝗮𝗱𝗲 $𝟭𝟬,𝟬𝟬𝟬,𝟬𝟬𝟬 𝗶𝗻 𝗷𝘂𝘀𝘁 𝟯 𝗱𝗮𝘆𝘀.

A whale opened a $17.5 million ETH long position on May 8th, when ETH was trading at $1,930.

He then started to add more to his ETH long position as the price started to go up.

As of today, his ETH position value is $45 million, and he is currently sitting on $10.1 million in unrealized profit.

Interestingly, he still hasn't closed his position, which means this whale is probably expecting more upside.

I'll keep an eye on his movements, as if he closes the long position, it could mark the local top for ETH.