Ethereum Whale Loses Over $30M After Closing 41,931 ETH Long; Still Holding 36,578 ETH

COINOTAG News on September 2 reports that, according to LookIntoChain monitoring, an on‑chain whale at address 0xa523 incurred losses exceeding $30 million over the past week. On‑chain analytics show the account has a history of initiating ETH long positions near prior highs and exiting near lower price points.

Five hours ago the wallet closed a 41,931 ETH long position (approximately $179.4 million), recording an incremental loss reported near $10 million. The address still holds a 36,578 ETH long exposure (around $160 million), leaving a combined reported realized and unrealized loss in excess of $30 million, per the monitoring data.

‘,
‘

🔒 Secure and Fast Transactions
Diversify your investments with a wide range of coins. Join now!

‘,
‘

💎 The Easiest Way to Invest in Crypto
Dont wait to get started. Click now and discover the advantages!

‘
];

var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();