Whale Closes $100M Long for $17.78M Profit, Then Opens 20,000 ETH Short

October 30: According to monitoring by on-chain analyst Yu Jin, a diamond-hands whale who had held BTC and ETH long positions for nearly 4 months turned bearish on the market after Binance was hacked, closing longs worth $100 million to bank $17.78 million in profit, then opening a short on 20,000 ETH at $2,228 ($44.6 million). In early July, the whale opened long 1,000 BTC at $62,353 and long 10,000 ETH at $1,762.