Ethereum Whale Acquires Significant Holdings After Profitable Trades

A major Ethereum (ETH) investor has significantly increased their holdings, adding 76,700 ETH worth approximately $342 million to their portfolio. This move follows a strategy started in April with an initial investment of $125,000 that has seen substantial growth. The investor’s current unrealized profit stands at $23.6 million. The holdings are currently divided into two leveraged positions: one with 51,745 ETH worth $230 million and a liquidation price of $4,257. The other position features 25,000 ETH valued at $110 million with a liquidation price of $4,248. This has resulted in an unrealized profit of $16.19 million for the first position and $7.43 million for the second.