A whale once again increased its ETH long position to $286 million, with the current liquidation price at $4214.

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PA一线

PANews reported on August 29th that according to on-chain analyst Yu Jin, a whale who previously sold HYPE and went long on ETH has increased its position to 66,700 ETH (US$286 million) by adding margin. The current liquidation price is US$4,214, less than US$100 away from the current ETH price.

He started going long on ETH four days ago and has now lost $26.1 million due to his long ETH position.

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This content is for market information only and is not investment advice.

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A smart money address has purchased a total of 5,284 ETH in the past two days and is currently experiencing a paper loss of $320,000.

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