Markets· ★★· neutral·

Whale exits ETH position with $8.99M profit, opens $51.56M oil longs

  • —Whale bought ETH at $1,647 and booked an $8.99M profit
  • —Oil longs split into $30.78M CL and $20.78M BRENTOIL
  • —A 4% crude rally added $1.9M in unrealized gains
Why it matters: Large on-chain players rotating from ETH into commodities signals weak risk appetite for crypto.
#ETH
Source: PANews
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