A whale is currently holding 21,850 ETH, facing an unrealized loss of over $6.24 million, and has initiated a leverage long position loop.

BlockBeats News, December 16th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), a certain ETH whale withdrew 21,850.15 ETH (approximately $70.6 million) from a trading platform between December 5th and December 15th, with an average withdrawal price of $3,231. The whale is currently at a realized loss of $6.246 million, with the most recent withdrawal of 2,000 ETH occurring 6 hours ago.

Currently, their ETH is distributed across 5 wallets, with one address engaged in a leveraged long position, staking 18,706.9 ETH to borrow 31.34 million USDT, with a health factor of 1.41.