From $50M Profit to a $4M Loss!
This hyper whale opened an ETH short position just 2 months ago.
He entered the position at the $2,240 level, and by last month, he was up over $50 million.
But instead of closing the position, he decided to hold on.
Fast forward to today two months later and the whale is now sitting on a $4 million loss.
A striking example that shows: it's not just where you enter the market that matters, but also where you exit.
What would you have done? Would you have closed the position?