A certain whale persisted for 70 days before closing their Ethereum long position, incurring a loss of 8.8 million USD.

ETH1.59%

Odaily Planet Daily reports that according to Lookonchain monitoring, a certain whale has been closing Ethereum long positions for 70 days, incurring a loss of 8.8 million USD. Afterwards, they opened a 20x leveraged ETH long position with a holding of 60,000 ETH, currently losing over 1.4 million USD.

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