Recently noticed some on-chain data: a certain whale address has recently added another 5,000 ETH, and now holds a total of 105,000 ETH in long positions, roughly valued at about $200 million. However, it looks like it’s a bit uncomfortable right now, because the opening price was around $2,030, while the ETH price is currently fluctuating near $2,340—based on the unrealized loss, it has already lost quite a bit. Such large positions have always been a focus of the market, especially during periods of indicator volatility like 6751, when whale movements often reflect some market signals. It feels like this person is still bullish on Ethereum’s long-term trend; otherwise, they wouldn’t keep adding to their position.

ETH-2.53%
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