Crypto Whale Books $17.78M Gain, Opens $44.6M Ether Short

A crypto whale closed $100 million in Bitcoin (BTC) and Ether (ETH) longs after nearly four months, realizing a $17.78 million gain before opening a 20,000-ETH short valued at $44.6 million. The trader opened the BTC long in early July with 1,000 coins at $62,353 each. The Ether long began with 10,000 coins at $1,762 per ETH. Both positions remained open for nearly four months before closing. The new short covers twice as many Ether as the earlier long by coin count.