A certain <strong>CZ Reversal Trading Whale</strong> has switched to a long position on ETH, holding approximately a $1.09 billion long position.

BlockBeats News, November 5th. According to LookIntoChain monitoring, a certain "CZ Reverse Trading Whale" has switched from shorting ETH to longing, currently holding 32,802 ETH (approximately $109 million) in a long position. At the same time, the investor still holds multiple short positions, including a $59.7 million ASTER and a $11.3 million kPEPE short position.

The whale had previously increased its ASTER short position after CZ's post about buying ASTER, at one point holding over $21 million in unrealized profit. The whale simultaneously shorted DOGE, ETH, XRP, PEPE, among others, all of which were profitable.