The '1011 Insider Whale' has partially closed its 5x leveraged long positions on Ethereum and Bitcoin, realizing losses of nearly $9.73 million with a remaining floating loss of about $50.94 million. Despite the reduction in leveraged exposure, the whale made a significant spot purchase of 148,000 ETH worth approximately $397 million from Binance in the last 24 hours. This activity suggests a strategic shift from leveraged trading to accumulating Ethereum exposure via spot buying.

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