BlockBeats News, August 22nd. According to on-chain analyst Ai (@ai_9684xtpa), the long position of 120,000 ETH held by the Iron Hands Bull address was liquidated this morning at an average price of $2513, selling 40,000 ETH and realizing a profit of $9.897 million.

The entity has now started to accumulate again at another address, having already bought 9021 ETH with an intent to buy another 10,000 ETH based on open orders. In total, the entity holds a long position of 59,000 ETH across three addresses, with an unrealized gain of $8.73 million.