0x4ff9 Whale with an address beginning with closed 6000 units of ETH long positions,CPI exiting near breakeven
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AT A GLANCE
According to TradingBeats monitoring, 0x4ff9 an account beginning with closed 6000 units of ETH long positions, with a net profit of approximately after deducting related fees 9753 USD。
Article
🔍 On-chain Detective | One 15000000 USD ETH multi-position breakeven exit, an account completely closed its positions before CPI BlockBeats reported that,October 14 according to TradingBeats monitoring, 0x4ff9 the whale whose address begins with opened positions over the past 1 hours and closed 6000 units of ETH long positions, with a notional value of approximately 14979000 USD, exiting near breakeven; all positions in the account have now been closed
The long positions were established on October 9, and held for nearly 5 days, with an average entry price of approximately 2491.34 USD, and an average closing price of approximately 2496.51 USD. The trade generated a profit of approximately 31100 USD. After deducting fees on both sides and funding fees, the final net profit was only approximately 9753 USD.
Original link https://m.theblockbeats.info/flash/371782
Key points
01
BlockBeats, on October 14 relayed monitoring information from TradingBeats.
02
0x4ff9 An account beginning with closed 1 hours ago 6000 units of ETH long positions, with a notional value of approximately 14979000 USD, and all positions in the account have been closed.
03
The long positions were established on October 9 and held for nearly 5 days.
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Average entry price approximately 2491.34 USD, average closing price approximately 2496.51 USD。
05
The trade generated a profit of approximately 31100 USD; after deducting fees on both sides and funding fees, the final net profit was approximately 9753 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
A long position is a position that bets on price increases. The account sold or closed all 6000 units of ETH long positions. Since the closing price was only slightly higher than the entry price, although the notional profit was approximately 31100 USD, only approximately 9753 USD remained after deducting fees and funding fees, resulting in an exit near breakeven.
Why it matters to readers
This trade shows that a large ETH long position was closed, but the original source describes only a single account; therefore, it cannot be used to determine the overall ETH market's fund flows or subsequent price trend.
Beginners can use this to understand that an entry price lower than the closing price does not mean the entire price difference can be retained as profit; trading fees and funding fees can significantly reduce the final profit.
Risks and unknowns
The information comes from BlockBeats' relay of TradingBeats monitoring results. The provided materials do not include on-chain records or exchange-position evidence that can be independently verified.
The specific platform on which the account held or closed its positions cannot be confirmed from the original source.
The headline states that the account closed its positions before CPI, but the original source does not provide a publication time,CPI nor does it establish a causal relationship between the closure and CPI.
The actions of a single account cannot represent the overall ETH market fund flows.
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Related concepts
Long Position
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