The 1011 Insider Whale's ETH Long Position Reaches $10.21 Million in Floating Profits

gas_fee_therapy · 2026-03-11T13:03:13+00:00

A prominent trader linked to the 1011 Flash Crash holds 70,001.53 ETH valued at $224 million, generating $10.21 million in unrealized gains. His position reflects confidence in Ethereum's long-term prospects despite market volatility.

gas_fee_therapy

2026-03-11 13:03:13

Abstract generation in progress

According to tracking data from blockchain analyst Ai Yi and reported by Jinse Finance, a notable trader identified with the 1011 Flash Crash event currently maintains an impressive long position in Ethereum. This major holder controls 70,001.53 ETH with a cumulative position value of $224 million, having entered at an average price of $3,068.64.

Key Position Details:

The whale’s substantial Ethereum holdings are currently generating approximately $10.21 million in unrealized gains. The entry price of $3,068.64 represents a significant historical context for this position, as it reflects an acquisition point well above current market valuations. With the total position valued at $224 million in notional terms, this 1011-linked wallet remains one of the most closely monitored large ETH holders in the market.

Market Implications:

The 1011 insider’s continued long exposure underscores the confidence in Ethereum’s longer-term prospects despite recent market volatility. On-chain monitors like Ai Yi regularly track such whale movements to provide insights into institutional and insider sentiment within the cryptocurrency ecosystem.

ETH2,86%

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