COINOTAG News, citing HyperInsight, reports notable whale activity in the crypto market during the past two hours. An address tagged 0x8d0 opened an ETH long near the $3,021 level, with an estimated position size around $15.11 million, signaling a high-conviction bet at a key support area.
The same entity also closed earlier ETH and SOL long positions today, locking in a modest profit close to $400,000. Since November 3, the address has favored intraday rotations across several tokens, delivering a weekly win rate of 27%.
Despite a late-month drawdown, the trajectory shows improvement as losses narrowed from about $6.7 million to roughly $5.32 million, with the current balance around $13.7 million, underscoring disciplined risk management amid liquidity volatility.
Source: https://en.coinotag.com/breakingnews/eth-whale-opens-15-11m-eth-long-at-3021-bottom-then-closes-eth-and-sol-long-positions-for-a-small-profit
