The long positions of 120,000 ETH have been closed in batches, with a profit of 8.16 million USD

According to on-chain analyst Ai Yi (@ai 9684xtpa), long investors who have accumulated 120,000 ETH recently closed positions on 34,000 ETH, realizing a profit of 8.16 million USD. Currently, the related address still holds a long position of 84,000 ETH, which is valued at approximately 200 million USD at the current market price, with an unrealized profit of 26.86 million USD.