Do you remember that flash crash on 10/11? That mysterious big player who boldly shorted at the time really seems to know what they’re doing.

ETH has just stabilized above $3,000, and this person has quietly increased their long position to 14,227 ETH, worth over $42.95 million. What’s even more impressive is that their average entry price is only $2,965.73, and they’re already sitting on an unrealized profit of over $760,000.

Their timing is really on point—daring to short during the crash, and daring to go long before the rebound. Judging by the size of the position, this is probably an institutional-level player making moves. I wonder at what price they’ll decide to cash out this time—$3,200, or even higher?