PANews|Oct 23, 2026 14:51
A giant whale sold ETH to buy a bottom position and then switched to long positions in crude oil, with a 4% increase in oil prices bringing a floating profit of $1.9 million
According to on chain analyst Yu Jin's monitoring, three days ago, the giant whale that sold low position ETH to buy at the bottom has now gained a floating profit of $1.9 million after turning to long crude oil. The whale previously bought ETH for $1647, made a profit of $8.99 million, sold it, and redirected its funds to the crude oil market, establishing a long position with a total value of $51.56 million, including $30.78 million in CL crude oil contracts and $20.78 million in BRENTOIL contracts. With today's crude oil price rising by about 4%, its long position in crude oil has further expanded its floating profit.
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