Data: A Whale Bought ETH at an Average Price of $2,484 Over the Past Two Days, Currently Sitting on a $275,000 Profit

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September 21, 2024
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ChainCatcher News: Whale Who Lost $8.22 Million Shorting ETH Now Longing Again

According to on-chain data analyst @ai_9684xtpa, the "whale who lost $8.22 million shorting ETH" has accumulated 3,594 ETH (worth $9.19 million) over the past two days. The average entry price for these long positions is $2484 (current price: $2560), resulting in a current profit of $275,000.

Just 18 minutes ago, this whale withdrew 1477 ETH from Binance and deposited 2.6 million USDT. This suggests the long position is not yet complete. Currently, the whale has deposited 3594 ETH and borrowed 6.2 million USDT, with a health factor of 1.22. If ETH drops to $2091.32, the whale faces liquidation.

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