A whale that has accumulated 21,850 ETH is currently experiencing a floating loss of over $6.24 million and has begun a cycle of long.

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On December 16, according to on-chain analyst Ai Yi (@ai_9684xtpa), a whale betting on ETH withdrew 21,850.15 ETH (approximately $70.6 million) from an exchange between December 5 and December 15, at an average withdrawal price of $3,231, resulting in a floating loss of $6.246 million. The most recent withdrawal was 2,000 ETH, made 6 hours earlier.


Currently, its ETH is stored in 5 wallets, and one address is in a cyclic long mode, staking 18,706.9 ETH to borrow 31.34 million USDT, with a health level of 1.41.

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