Oil Long Shows $1.9 Million Paper Gain After ETH Exit

From Ether profits to an oil position

A large trader who switched from Ether into a crude oil long position had an unrealized gain of $1.9 million after three days, BlockBeats reported on Oct. 23.

The trader had sold ETH acquired at an average price of $1,647, locking in a reported $8.99 million profit before opening the oil position.

Source: BlockBeats, 2026-10-23 14:54:08 UTC.