A cryptocurrency whale has significantly increased its Ethereum (ETH) long position to $392 million, despite currently facing a floating loss of about $8 million. The position, monitored by Ember, involves 86,800 ETH with an opening price of $4,608 and a liquidation price of $4,342. This move follows the whale's recent sale of HYPE tokens and indicates a continued bullish stance on ETH.
Whale Expands ETH Long Position to $392 Million Amid Losses
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