A significant whale has expanded its long position on $ETH, which now stands at $49.1 million. This move follows the whale’s previous engagement with a “1.4 Billion Dollar Short Position.” The current long position reflects the whale’s strategic adjustments in the cryptocurrency market. As the whale continues to navigate these financial decisions, its position size indicates a notable confidence in the performance of $ETH. Analysts are observing these developments closely, as they could influence market trends.
