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A certain weekly chart trader entered a long position on ETH, opening a $16.34 million long position.

A certain weekly chart trader entered a long position on ETH, opening a $16.34 million long position.

BlockBeatsBlockBeats2026/04/23 08:50

BlockBeats News, April 23rd, according to Hyperinsight Monitoring, in the past 1 hour, a whale with address starting with 0xa875 opened a 20x leveraged ETH long position, with a scale of 7,000 ETH, equivalent to $16.34 million, at an average price of $2,350. Currently, the position is at a floating loss of $100,000 (-13%).


It is reported that this address had previously opened a BTC long position. After holding for nearly 34 days, it was closed on April 14th, realizing a final profit of $1.92 million. Since then, the address has remained in a sidelined observation state.


Address: 0xa875890465da20062bcf3b024bf7d54e69c725a8

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