Bullish traders who collectively went long 120,000 ETH are closing their positions in batches, realizing a profit of $8.16 million.

According to on-chain analyst Ai Aunt (@ai9684xtpa), bullish investors who collectively went long 120,000 ETH recently closed out another 34,000 ETH of their long positions, realizing a profit of $8.16 million. The relevant addresses currently still hold long positions totaling 84,000 ETH, valued at approximately $200 million at the current market price, with unrealized gains amounting to $26.86 million.