「30-Time Long Loser Whale」 Increases ETH Spot Holdings by Around $6.4 Million, Opening Long Position on Perpetual Contract Simultaneously

BlockBeats News, December 9, according to HyperInsight monitoring, in the past 3 hours, the "Whale with 30 Failed Long Attempts" (0x8d0) has been continuously increasing its ETH spot holdings at around $3115 and has opened a 20x leveraged ETH long position. The spot holdings amount to 2004 ETH, approximately $6.24 million; the ETH long position size is about $6.24 million, with an average price of $3125.

In addition, the address increased its BTC spot holdings by 66.13 BTC, approximately $6.01 million, earlier today. Currently, both the ETH and BTC spot holdings have been entirely transferred out to other chains. Since October 11, the address has frequently conducted intraday longs on multiple coins. As of November 26, it has longed more than 30 times, incurring a loss of about $6 million, with a small profit in the past 7 days.