"Whale with 105,000 ETH Long Position" Reduces Holdings by 3,000 ETH Within 5 Hours, Incurring Over $6 Million in Unrealized Losses

Odaily According to on-chain analyst Ai Yi's monitoring, a whale who had accumulated a long position of 105,000 ETH reduced their holdings by 3,000 ETH within the past 5 hours, incurring a loss of $302,000 in the process. Currently, the total ETH long positions held across two addresses under this whale's control have decreased to 102,000 ETH, with a total value of approximately $202 million, and the current unrealized loss stands at $6.23 million.