ETH: Summary of Valuescan community discussions (04:00:10 ~ 05:00:10)

[Extracting viewpoint materials] The trading wallet "Machi Big Brother" slightly increased its long position in ETH, raising its holdings from 4800 to 4825 ETH. The average cost per unit is approximately $2014.8. Currently, the account is experiencing a floating loss of about 46%, with only 2.2% remaining before liquidation. The leverage is 25x. [src: @Valuescan, 2026-02-11 04:07:07/#2144137；ref: window] The trading wallet "Smart Money Whale of Mainstream Cryptocurrencies" has been continuously reducing its long positions in ETH, gradually decreasing its holdings from 1936.84 ETH to 651.06 ETH, a reduction of approximately 66%. The cost basis remains around $2123, with a floating loss rate approaching or exceeding 97%, and the distance to liquidation is constantly narrowing. The leverage is 20x. [src: @Valuescan, 2026-02-11 03:49:40/#2144114 to 03:52:20/#2144125; ref: ctx] "Smart money whale" in major cryptocurrencies simultaneously reduced their long positions in BTC and ZEC by medium to large amounts, with a more pronounced reduction in ETH long positions. This indicates that funds are actively reducing their ETH long positions under high-risk conditions, reflecting a cautious attitude towards the short-term downward pressure on ETH prices. [src: @Valuescan, 2026-02-11 03:49:40/#2144114 to 03:52:20/#2144125; ref: ctx] The "smart money whale" in the mainstream cryptocurrencies sector has repeatedly reduced its long positions in ETH by small amounts each time. The frequent but small reductions indicate meticulous adjustment and risk management of its ETH long positions. The average holding price remains around $2019, and the risk of liquidation persists. [src: @Valuescan, 2026-02-11 03:52:00/#2144121 to 03:52:11/#2144124; ref: ctx] Despite significant unrealized losses, the "smart money whale" holding long positions in ETH continue their bullish stance and have not fully closed their positions, indicating some lingering expectations for ETH's future price movements. However, their overall risk exposure is substantial. [src: @Valuescan, 2026-02-11 03:52:08/#2144123；ref: ctx] The liquidation distance for "smart money whale" holding long positions in ETH is constantly narrowing, currently extremely close to the liquidation price, indicating that this fund is under significant market pressure and may face short-term liquidation risk. [src: @Valuescan, 2026-02-11 03:49:40/#2144114 to 04:07:07/#2144137; ref: ctx] The "Machi Big Brother" wallet transaction data shows that despite a nearly 50% loss in its current ETH position, it has chosen to slightly increase its holdings, possibly intending to take advantage of a short-term rebound. The position adjustment is small, indicating a relatively high risk tolerance. [src: @Valuescan, 2026-02-11 04:07:07/#2144137；ref: window] The "smart money whale" in the mainstream cryptocurrencies have maintained stable holding costs and average prices in their long ETH positions, without any significant increases. This indicates that their reduction in holdings is primarily for risk control, and they have not attempted to raise the average price by increasing their positions. [src: @Valuescan, 2026-02-11 03:52:00/#2144121 to 03:52:20/#2144125; ref: ctx] [Summarizing Key Clues (Optional)] - ETH long positions generally saw reductions in holdings, with funds proactively reducing their risk exposure due to high risk. - Funds maintained a relatively stable cost basis for their long ETH positions, with the reduction in positions primarily driven by risk control. - Some funds (such as "Machi Big Brother") have slightly increased their positions in ETH long positions, indicating an intention to play the short-term rebound game. - ETH long positions face significant liquidation risk, are close to the forced liquidation price, and have high potential short-term liquidation pressure.