Data: "Whale who 'went long 30 times despite repeated failures' accumulates approximately $6.4 million in ETH spot, while simultaneously opening long positions in futures."
According to ChainCatcher, as monitored by HyperInsight, in the past 3 hours, the whale (0x8d0), who has repeatedly gone long and lost 30 times, continued to accumulate ETH spot at around $3,115 and opened 20x leveraged ETH long positions. The spot holdings have reached 2,004 ETH, equivalent to approximately $6.24 million; the ETH long position size is also about $6.24 million, with an average price of $3,125.
In addition, this address increased its BTC spot holdings by 66.13 BTC in the early morning, equivalent to about $6.01 million. Currently, all the ETH and BTC spot holdings have been cross-chain transferred out. Since October 11, this address has frequently gone long on multiple tokens within a day, and as of November 26, has gone long more than 30 times in a row, realizing a loss of about $6 million, but has made a small profit in the past 7 days.
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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