Three Whale Addresses Close Nearly $28M in BTC Shorts, Open ETH Longs
Three whale addresses closed short positions across multiple cryptocurrencies with a combined notional value of approximately $27.6 million and opened leveraged ETH long positions on Oct. 24, HyperInsight data show. Address 0x7a9 closed ASTER and BTC shorts reducing holdings by nearly $15 million, then opened a 20x leveraged ETH long at an average price of $3,938 with a notional value of $12.12 million. Address 0x19a closed BTC shorts reducing holdings by about $10 million, then opened a 6x leveraged ETH long at $3,939 with a notional value of $9.09 million. Address 0x960 closed BTC and HYPE shorts reducing holdings by approximately $2.6 million, then opened a 15x leveraged ETH long at $3,950 with a notional value of $9.07 million.

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