Data: An ETH Whale "Flips from Short to Long," Continues to Add 3,974 ETH During the Decline
According to on-chain data analyst @ai_9684xtpa, the ETH whale who previously "flipped from short to long" has borrowed an additional 7 million USDC in the past 10 minutes to purchase 3,974 ETH at an average price of $1,759.25.
Currently, he has accumulated 14,020 ETH in collateral and borrowed a total of 12 million USDC, with an average purchase price of $1,805. Out of this, 6,736 ETH were purchased with borrowed funds, and the health factor stands at 1.71. It was previously reported that this whale flipped from short to long, incurred a stop-loss of $50,000, and thereafter made a full-position purchase of 7,289 ETH.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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