Crypto Whale Closes $32.85 Million in Bitcoin (BTC), Ether (ETH) Longs

An unidentified crypto trader closed long positions in Bitcoin (BTC) and Ether (ETH) worth about $32.85 million on Thursday, Nov. 12, after exclusion-related news involving Strategy (MSTR), realizing approximately $142,000 in combined profit.

The wallet, identified by an address beginning 0xec4a, completed both exits in roughly two minutes. The $32.85 million figure represents the value of the positions closed, while about $142,000 was the combined realized profit.

The Bitcoin position made up about $24.59 million of the total. The trader closed 331.49 BTC at an average price of $74,181, realizing about $133,500 in profit.

The Ether position accounted for about $8.26 million. The trader closed 4,000 ETH at an average price of $2,066.05, realizing $8,560. Bitcoin represented roughly three-quarters of the total position value and generated most of the combined profit.