Data: A certain whale opened a long position of 7000 ETH with 20x leverage, worth 16.34 million USD

According to Onchain Lens monitoring, in the past hour, a whale starting with 0xa875 opened a 20x leveraged ETH long position, totaling 7,000 ETH, approximately 16.34 million USD, with an average price of 2,350 USD, currently facing an unrealized loss of 100,000 USD (-13%).

It is reported that this address previously opened a BTC long position, marking its first trade, and after holding for nearly 34 days, closed on April 14, ultimately recording a profit of 1.92 million USD. Since then, this address has maintained a short position for observation.