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A whale is gradually accumulating a long position in ETH, with the current position size at around $25.6 million.

2 hours ago

January 14th — Per HyperInsight monitoring (via t.me/HyperInsight), a whale address starting with 0x50b has boosted its ETH long position through four back-to-back trades over the past 2 hours, adding a total of roughly 7,708.58 ETH. The current size of its 14x-leveraged ETH long position is valued at approximately $25.648 million, with an average entry price of around $3,333.64. With the current mark price at roughly $3,327.3, the position is sitting on a floating loss of about $49,700 (-2.71%), and its liquidation price is approximately $2,770.53. Notably, this address previously briefly held the largest on-chain BTC short position.
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