A major whale has increased its long position in ETH, currently holding approximately $442 million.
according to on-chain analysis platform Lookonchain, as the market declined, a certain Bitcoin whale (1011short) increased their long position by 20,000 ETH (approximately 63.3 million USD). The address currently holds 140,094 ETH (approximately 442 million USD), with a liquidation price of 2,387.28 USD. This trade has shifted from a profit of over 26 million USD to a loss of over 2.4 million USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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