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Crypto address nets $17.8M closing Bitcoin and Ether longs, then shorts 20,000 ETH worth $44.6M.

Technical Signals
30 Oct 2026, 11:43 WIB
Tokenpost
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Bullish
Crypto address nets $17.8M closing Bitcoin and Ether longs, then shorts 20,000 ETH worth $44.6M.

A crypto address closed long positions in Bitcoin and Ether, realizing net gains of about $17.8 million after fees. It then opened a short position on 20,000 ETH valued at approximately $44.6 million, with an average entry price of $2,228.12. The address had previously opened a 1,000-BTC long in July, closing it months later for a $15.8 million profit, and similarly profited $4.7 million from an Ether long position. This activity highlights significant trading moves and profit-taking in major cryptocurrencies.

The crypto address involved in significant Bitcoin and Ether trades shows a notable market context from Pluang's platform data. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 30, 2026 15:51 WIB: out of 50 major cryptocurrencies priced on Pluang, only 3 rose while 46 fell today. Key movers include COTI down 8.67% with a Pluang order activity of 18% Sell / 82% Buy and a typical hold time of 122 days, AXS down 8.32% with 43% Sell / 57% Buy, and THETA down 8.20% with a typical hold time of 78 days.

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