Data: "30 times of buying the dip repeatedly" whales increased their holdings of ETH spot by about 6.4 million USD, and their contracts are simultaneously going long

According to HyperInsight monitoring, in the past 3 hours, the whale (0x8d0) has continuously increased its holdings of ETH spot at around $3,115 and opened a 20x leveraged ETH long position. The spot position has 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 gone long on multiple cryptocurrencies within a day, and as of November 26, it has gone long more than 30 times, resulting in a loss of about $6 million, with a slight profit in the past 7 days.