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Whale Accumulates 21,850 ETH, Facing Floating Loss of Over $6.24 Million, Initiates Leveraged Long Position

Summary: According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale betting on ETH withdrew 21,850.15 ETH (approximately $70.6 million) from exchanges between December 5 and December 15, with an average withdrawal price of $3,231, resulting in a floating loss of $6.246 million. The most recent withdrawal of 2,000 ETH was made 6 hours ago. Currently, the ...

According to on-chain analyst Ai Yi (@ai_9684xtpa), a whale betting on ETH withdrew 21,850.15 ETH (approximately $70.6 million) from exchanges between December 5 and December 15, with an average withdrawal price of $3,231, resulting in a floating loss of $6.246 million. The most recent withdrawal of 2,000 ETH was made 6 hours ago.

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

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