The failed Ethereum (ETH) investor has once again attracted attention by taking action.
According to data provided by on-chain analysis platform Lookonchain, a whale that lost a lot of money by taking a long trade has opened a position again.
This whale saw the recent increase in the price of Ethereum and bought 2,117 ETH worth $5.17 million. However, not content with that, the whale took a long position on ETH again through circular borrowing.
Whale also suffered $14.7 million worth of liquidations in the big crash on August 5.
He lost $13 million by taking a long position in Ethereum in the last 6 months. He has opened a long position on Ethereum 5 times so far. He lost 4 of them and made a profit only in 1 of them.
According to CoinGecko data, Ethereum, which has increased by 5% in the last 24 hours, is traded at $2,558 at the time of writing.
Stay tuned for new information.
