On February 24, data shared by on-chain analyst Ai Auntie revealed that a major investor recently added to their ETH holdings, bringing their total long position to 120,000 ETH, with a current value of approximately $219 million.

According to reports, the investor’s average entry prices for the two addresses were $1,991.53 and $2,012.11, with liquidation prices at $1,362.75 and $1,350.22, respectively. The unrealized loss now exceeds $20.59 million, along with $472,000 in funding fees paid.

This move indicates that despite significant market volatility, the investor remains cautiously optimistic about Ethereum’s long-term outlook.