XMR whale closes long for $3.44M profit, misses $4.77M in gains
- —Closed 36,000 XMR at an average entry of $383.23 and exit of $513
- —Booked $3.44M profit; half the position was closed Aug. 31 for $1.64M
- —The remaining 16,000 XMR was held as a 4x leveraged long
- —XMR rose 12% to a three-month high, leaving $4.77M unrealized
Why it matters: The exit ahead of a sharp rally shows how large holders take profit before momentum peaks and may hint at near-term overheating in XMR.
Source: PANews