Data: In April, leveraged long positions on ETH lost 4 million USD, and whales again lost 3.42 million USD due to long positions on ETH.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, a giant whale that leveraged long ETH lost 4 million dollars in April 2024, and in a new round of leveraged long, it lost another 3.42 million dollars.

This whale has attempted to long ETH four times in the past five months, suffering a total loss of over 8.22 million dollars.

Between May 17 and July 19, this whale repeatedly leveraged long ETH through Compound, with an average price of 3138 dollars; in the past 13 hours, the price of the coin has continued to decline, forcing it to sell 4707.5 ETH (approximately 11.34 million dollars) at a loss, with an average selling price of 2410 dollars.