BlockBeats News, on February 10, according to Onchain Lens monitoring, whale address 0x6c8 deposited another 26.3 million USDC, further increasing its long ETH position. Currently, this address is floating at a loss of about $1.19 million. It is currently long 38,999 ETH, valued at approximately $78.48 million.
Whale Adds 26.3M USDC to ETH Long Position, Incurs $1.19M Floating Loss
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Summary
A whale added 26.3 million USDC to its ETH long position on February 10, using position trading to scale up. The wallet now holds 38,999 ETH, valued at around $78.48 million, with a floating loss of $1.19 million. The move reflects careful position sizing in a volatile market.
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