A smart trader closed out his ETH long position before the current decline, making a profit of $948,000

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A smart trader closed out his ETH long position before the current decline, making a profit of $948,000

Cointime2025/10/22 03:54

By:Cointime

as monitored by Lookonchain, this smart trader 0x4e8d, maintains a 100% winning rate, closed out his $ETH long position before this round of decline — making another $948,000. But he quickly opened a new 4x leveraged long position, buying 9,200 $ETH ($35.6 million), currently floating a loss of over $1.2 million.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Quick Take Summary is AI generated, newsroom reviewed. BlackRock clients purchased $41.91 million in Ethereum, marking a major institutional Ethereum investment milestone. The move aligns with growing BlackRock crypto adoption and optimism around Ethereum ETFs. Institutions prefer Ethereum for its scalability, energy efficiency, and real-world tokenization potential. The trend signals accelerating Ethereum market growth driven by institutional inflows and blockchain integration.References JUST IN: BlackRoc

coinfomania•2025/10/22 08:15