Whale Investor Opens New Wallet After Profiting from Ethereum

A significant Ethereum investor recently profited from a long position, generating a profit of $335,000 after closing their holding of 10,695 ETH. Following this successful trade, they established a new wallet and deposited 5.66 million USDC into it. These funds were subsequently utilized to open a leveraged long position on ETH, currently valued at $26.1 million with 7,695 ETH in the portfolio.