Major Trader Reenters Market with $100 Million Ethereum Long Position

Blockchain sleuth EmberCN posted on X that a prominent trader, who recently closed a high-value position for a profit of $68.47 million, has reentered the market following a price correction. The trader has opened a new long position involving 44,000 Ethereum, valued at $100 million, through two wallets. The entry price for this position is set at $2,289 per Ethereum.