According to Lookonchain, smart trader 0xcB92 closed his ETH long position and switched to short right before Ethereum experienced a price drop, securing a $5.18 million profit within two weeks. This timely trade demonstrates the importance of closely monitoring on-chain smart money movements for crypto traders seeking alpha. Such large-scale profit-taking by experienced traders can signal potential short-term volatility and trend reversals in the ETH market, offering critical insights for risk management and directional positioning. Source: Lookonchain (x.com/lookonchain/status/1930892828554490202).