Data: An ETH Whale "Flips from Short to Long," Continues to Add 3,974 ETH During the Decline

According to on-chain data analyst @ai_9684xtpa, the ETH whale who previously "flipped from short to long" has borrowed an additional 7 million USDC in the past 10 minutes to purchase 3,974 ETH at an average price of $1,759.25.

Currently, he has accumulated 14,020 ETH in collateral and borrowed a total of 12 million USDC, with an average purchase price of $1,805. Out of this, 6,736 ETH were purchased with borrowed funds, and the health factor stands at 1.71. It was previously reported that this whale flipped from short to long, incurred a stop-loss of $50,000, and thereafter made a full-position purchase of 7,289 ETH.