Whale Increases ETH Long Position to 45,000 Tokens Amid Market Correction

On-chain monitoring by Ember reveals that a whale address (0x0392a) increased its long position in Ethereum (ETH) to 45,000 tokens, valued at approximately $109 million. The whale initially opened a position of 32,000 ETH at an average price of $2,487 two days ago and added 13,000 more today. With an average entry price of $2,486, the position currently faces a floating loss of about $3.35 million, with a liquidation price set at $2,251.