PANews reported on August 29th that according to on-chain analyst Yu Jin, a whale who previously sold HYPE and went long on ETH has increased its position to 66,700 ETH (US$286 million) by adding margin. The current liquidation price is US$4,214, less than US$100 away from the current ETH price.
He started going long on ETH four days ago and has now lost $26.1 million due to his long ETH position.
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