Whale Tops Up $8M Margin on 120,000 ETH Long as Unrealized Loss Swells to $77M

Odaily Planet Daily, citing onchain analyst Ai Yi, said a major whale address (0xa5b0...1d41) added $8 million in margin overnight and is now holding a 120,000 ETH long position with an unrealized loss of more than $77.047 million. The position is spread across four related addresses, with liquidation prices of $1,174.60, $1,059.10, $1,064.70 and $1,143.60, and an average entry price of about $2,265. The whale still has over 6 million USDC onchain available as margin.