A certain smart money reduced its position by 124 Ethereum, realizing a profit of $211,000, with remaining holdings having an unrealized profit of $5.51 million

ChainCatcher news, according to on-chain analyst Ai Yi (@ai_9684xtpa), it has been monitored that a smart money address that went long on Ethereum with 25x leverage after the flash crash on October 11 has started to reduce its position. The address set limit sell orders ranging from $4091.7 to $5198.8, and sold 124 ETH as the price of Ethereum increased, realizing a profit of $211,000. Currently, the address still holds 18,357.57 ETH, with an unrealized profit of $5.51 million.