The whale, who once made a profit of $55.09 million on ETH, has reopened a position, longing 20,000 ETH with $26.88 million in collateral.

BlockBeats News, August 28th, according to @ai_9684xtpa, the Bit-affiliated entity that previously profited $55.095 million from ETH long positions has recently opened a new ETH long position through three addresses, totaling $49.98 million. The average opening price is around $2,485, making it the seventh-largest ETH position on the Hyperliquid platform.

The whale this time deposited $26.88 million as margin, longing approximately 20,000 ETH with leverage. Compared to the previous long position of 120,000 ETH, this position has shrunk.