According to Lookonchain, a whale address invested $14.5 million to acquire 7,008 ETH at a price close to $2,070.
A different large wallet transferred 20,000 ETH valued at approximately $38 million from major exchanges within a short timeframe.
The high-leverage long positions reached profitability as a major trader gained over $760,000 following the ongoing rally.
Another whale introduced an exit from long positions in ETH and BTC, resulting in $1.16 million in profits.