Whale Tracking: 0x0911 continues to add to the “buy ETH / sell BTC” paired position. The notional value has increased from about $20 million to about $29.38 million, an increase of roughly 46.9%.
Current positions:
· Long 5,943.61 ETH, average entry price $2,486.64
· Short 184.95 BTC, average entry price $79,804
The two sides are basically balanced, with total unrealized profit of about $241,000. At the time the positions were opened, BTC/ETH was around 32.20; it is now down to about 31.57, a drop of roughly 2%. If BTC/ETH continues to fall, the position benefits further; if it rebounds to around 32.20, unrealized gains may be at risk of giving back.
#BTC #ETH #Whale Tracking
Current positions:
· Long 5,943.61 ETH, average entry price $2,486.64
· Short 184.95 BTC, average entry price $79,804
The two sides are basically balanced, with total unrealized profit of about $241,000. At the time the positions were opened, BTC/ETH was around 32.20; it is now down to about 31.57, a drop of roughly 2%. If BTC/ETH continues to fall, the position benefits further; if it rebounds to around 32.20, unrealized gains may be at risk of giving back.
#BTC #ETH #Whale Tracking