PANews reported on April 11 that according to on-chain analyst @ai_9684xtpa’s monitoring, the whale 0x248...87976 built a position of $5.13 million on ETH three hours ago. Three hours ago, he directly purchased 3,316 ETH on the chain at an average price of $1,548. However, according to previous transaction records, it seems that he did it for swing trading. In the past month, he has accumulated a loss of $380,000 by buying high and selling low on ETH.