On-chain data shows that an institutional-associated address "ETH Wave Master" has an unrealized loss of $520,000 on its ETH long position, with an average entry price of $2,148 and a position size of approximately $150 million. The whale previously added to its position at higher levels and also holds a 20x leveraged BTC long position with an unrealized gain of $1.3 million.

ETH0,72%
BTC0,14%
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