Whale Who Longed 20,000 ETH at $1,936 Closes for $8.93M Profit After CPI Drop

The notable detail is the timing: the position was closed into a CPI-driven selloff rather than at the unrealized peak, suggesting the whale prioritized locking in a realized gain over holding for a better exit. That gap between peak and actual profit is a reminder that on-chain whale P&L is only meaningful once a position is closed. Whether other large ETH longs follow with similar de-risking around macro prints is the open question.