A Whale Held On for 70 Days Before Closing Ethereum Long Position, Incurring $8.8 Million Loss

According to monitoring by Lookonchain, a whale held on for 70 days before closing an Ethereum long position, resulting in a loss of $8.8 million. Subsequently, the whale opened a new 20x leveraged ETH long position with a size of 60,000 ETH, which is currently showing a loss exceeding $1.4 million.