Address 0xa31…7d8f9 Goes Long on ETH at $38M

The address 0xa31…7d8f9 has opened a fresh long position in Ether (ETH) worth $38 million at 20x leverage with an entry price of $2,529.77.

This move comes after the address had already booked over $852,000 in realized gains from Bitcoin (BTC) and ETH longs since August 24.

The address now holds a significant number of limit bids between $72,611 and $74,222 for 1,000 BTC.

Currently, the price of Ether trades at $2,548.33, above its upper Bollinger Band at $2,526.64. The Relative Strength Index (RSI) sits at 69.25, while the MACD shows a death cross.