Data: A certain ETH whale who “closed short and turned long” continued to add 3,974 ETH during the decline

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According to ChainCatcher, on-chain data analyst @ai_9684xtpa monitored that the previously "short-to-long" ETH whale has again borrowed 7 million USDC in the past 10 minutes to buy 3,974 ETH at an average price of $1,759.25.

Currently, he has accumulated a total of 14,020 ETH as collateral and borrowed 12 million USDC, with an average purchase price of $1,805, of which 6,736 were bought with borrowed coins, with a health factor of 1.71.Previously, the whale converted from short to long, stopped loss at $50,000, and then entered a cross margin position to buy 7,289 ETH.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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