「ETH Maximalist Whale」 Whale Further Increases Position, High-leverage Long Causes Over $25M Loss in Past Week

BlockBeats News, September 3rd, according to HyperInsight monitoring, the "ETH Ironhead Bull Army", a whale with an address starting with 0xa5232, once again increased its long position in ETH by approximately $1.69 million in value in the past 2 hours. Currently, the whale's total long position size is $158 million, with an unrealized loss of $6.33 million and a liquidation price of around $4099.

The whale has been bullish on the ETH trend recently, consistently adding to its long position for several weeks. However, due to always entering positions at high prices, it has suffered heavy losses recently, losing more than $25 million just in the past week.