Bitget App
Trade smarter
On October 11, a whale that shorted ETH increased its long position to $200 million, with a floating profit of over $8.18 million.

On October 11, a whale that shorted ETH increased its long position to $200 million, with a floating profit of over $8.18 million.

CointimeCointime2025/11/11 02:36
By:Cointime

 according to on-chain analyst @ai_9684xtpa, on October 11th, the insider whale who opened a short position added to their position again, with ETH long positions exceeding 200 million US dollars and unrealized gains exceeding 8.18 million US dollars. 8 hours ago, they added 15,132 ETH at a price of around $3530, bringing their total position to 55,132.87 ETH, with an updated opening price of $3467.64.

0

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.

You may also like

Solana News Update: DevvStream Invests in SOL Despite $11.8M Deficit, Shows Strong Confidence in Sustainable Blockchain Prospects

- DevvStream Corp. (DEVS) disclosed holding 12,185 SOL and 22.229 BTC, staking SOL for 6.29% annualized yield amid a $11.8M fiscal 2025 loss. - The company launched a digital asset treasury via BitGo/FRNT Financial, securing $10M liquidity from a $300M convertible note facility. - Plans include a 2026 tokenization platform for carbon credits and Solana staking, aligning with its de-SPAC/Nasdaq listing strategy. - Despite crypto market outflows, DevvStream's staked SOL attracted inflows, contrasting broader

Bitget-RWA2025/11/11 05:28

ALGO Falls by 2.28% Over 24 Hours as Short- and Long-Term Performance Shows Mixed Results

- ALGO dropped 2.28% in 24 hours to $0.1844, contrasting with 17.29% weekly and 4% monthly gains but a 44.84% annual decline. - Traders monitor ALGO's resilience amid macroeconomic shifts, though long-term bearish trends highlight structural challenges. - Key support at $0.18 could trigger bullish momentum if held, while breakdown risks further declines toward $0.15. - A backtest analyzing 15% single-day spikes aims to assess ALGO's potential for sustained gains or pullbacks post-rallies.

Bitget-RWA2025/11/11 05:16

BCH Gains 1.24% Following Banco de Chile’s Announcement of Bylaw Changes

- Banco de Chile (BCH) announced bylaw amendments on Nov 10, 2025, to strengthen corporate governance and align with regulatory standards. - The announcement coincided with a 10.81% 7-day stock surge, contrasting with a 2.07% monthly decline but supporting a 20.6% annual gain. - Investors viewed governance reforms positively, as such changes often signal improved transparency and accountability in regulated markets.

Bitget-RWA2025/11/11 05:16

XRP News Today: Companies Accelerate XRP ETF Launches by Skipping SEC Hold-Ups

- Franklin Templeton, Bitwise, and Canary Capital are accelerating XRP ETF approvals by removing SEC "delaying amendments" from S-1 filings, enabling automatic effectiveness under Section 8(a). - This strategy follows Ripple's 2025 SEC legal resolution, boosting confidence in regulatory clarity and triggering $550M XRP accumulation and a 1.55% price surge to $2.53. - Over 150 crypto ETFs are pending with the SEC, while DTCC has pre-listed five XRP ETFs, signaling institutional adoption and projected $10B+

Bitget-RWA2025/11/11 05:14
XRP News Today: Companies Accelerate XRP ETF Launches by Skipping SEC Hold-Ups