A certain whale has increased their long position in ETH, with the current position valued at approximately $442 million.

Jinse Finance reported, according to on-chain analytics platform Lookonchain, as the market declined, a certain Bitcoin whale (1011short) increased their long position by 20,000 ETH (approximately $63.3 million). This address currently holds 140,094 ETH (about $442 million), with a liquidation price of $2,387.28. This trade has shifted from a profit of over $26 million to a loss of more than $2.4 million.