A whale once again increased its ETH long position to $286 million, with the current liquidation price at $4214.

Huoxun Finance 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 his 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 entered the long ETH position four days ago and has now lost US$26.1 million on this long ETH position.