Smart Money with Over $23 Million in Cumulative Profits Has Been Continuously Reducing 25x ETH Long Positions for Nearly an Hour

According to Jinse Finance, on-chain data shows that a smart money address has been continuously reducing its 25x leveraged ETH long position for nearly an hour. As of press time, the position has been reduced by 6,913.12 ETH, with the position value decreasing by $21,048,396.95. The address still holds ETH long positions worth $71.33 million, with an unrealized profit of $4.76 million. In addition, this address also holds 5x leveraged long positions in HYPE and PUMP. The address has made a profit of $2.94 million in the past 24 hours, with a cumulative profit of $23.47 million.