The Comeback Trail: 8613 $ETH Loss-Making Whale Flips Green

After being known for a massive loss on an 8613 $ETH long, the whale at 0x349d6bfb2E0577233359e3734B1d67ef5B37c9d4 appears to be clawing back.

In the past 11 hours, the wallet scooped up 1660.95 WETH, worth $4.398 million. Combined with the 2001 #ETH position opened on June 1st, the total exposure now sits at $9.38 million, with an average entry of $2,562.32.

As of now, this redemption arc is playing out well — the whale is sitting on a floating profit of $200,000. Is the tide turning? Time will tell.