Whale Aggressively Adds ETH Longs Amid Market Volatility
Data released by on-chain analyst Ai Aunt (@ai_9684xtpa) on February 20 revealed a significant ETH accumulation event. A major whale investor recently added 5,000 ETH to its long position, bringing the total holding across two addresses to a massive 105,000 ETH. At current market valuation, this represents approximately $203 million in ETH exposure.
Entry Prices and Liquidation Levels Signal Risk Exposure
The investor's average entry prices were recorded at $2,029.38 and $2,010.39 respectively, with corresponding liquidation thresholds at $1,269.14 and $1,288.49. With recent cryptocurrency market turbulence, this position has already incurred over $8.5 million in unrealized losses as ETH tests critical support levels.
Market Closely Watches Major Leveraged Positions
While the investor demonstrates substantial financial capacity, such a large long position has attracted significant industry attention. Market analysts suggest that if ETH prices continue to decline toward liquidation levels, it could trigger chain reactions and further pressure market sentiment.