Data: "30 times of repeatedly buying the dip" whales increased their holdings of ETH spot by approximately 6.4 million USD, while simultaneously opening long positions in contracts

According to HyperInsight monitoring, in the past 3 hours, the whale (0x8d0) has repeatedly increased its long positions, continuously accumulating ETH spot at around $3,115 and opening 20x leveraged ETH long positions. The spot holdings have reached 2,004 ETH, approximately $6.24 million; the ETH long position size is about $6.24 million, with an average price of $3,125.

In addition, this address increased its BTC spot holdings by 66.13 BTC in the early morning, approximately $6.01 million. Currently, all of this ETH and BTC spot has been transferred across chains. Since October 11, it has frequently taken long positions in multiple cryptocurrencies within the day, and as of November 26, it has made over 30 consecutive long trades, resulting in a loss of about $6 million, with a slight profit in the past 7 days.