The decline in ETH prices caused a significant floating loss for many well-known traders and giant whale addresses, and a giant whale long order floating loss of US$14.77 million

According to ChainCatcher, according to HyperInsight monitoring data, due to the decline in ETH prices, many well-known traders and giant whale addresses are currently suffering significant losses. Among them, the giant whale address 0xa523...75aa opened a 15-fold ETH long order at US$4534, and increased positions many times during the period to reduce the liquidation price. Currently, the position size of the address is US$247 million, a floating loss of US$14.77 million, and the liquidation price is US$4,181. In addition, Huang Licheng, the address of "Brother Maji", still holds long orders for ETH and HYPE. Its ETH holding scale is US$121 million, the opening price is US$4512, the liquidation price is US$3244.44, and the current floating loss is US$6.42 million; the HYPE holding scale is US$17.82 million, and the floating loss is US$797,800. Among other highly-watched traders, James Wynn, who had lost $100 million, "insider trader" @qwatio, AguilaTrades, etc., all lost their principal and left the market during this decline. Currently, only the "roll the position and go long ETH" giant whale is still conducting small-scale transactions. The address holds a 25-fold ETH long order of US$993,600, with a floating loss of US$17,600 and a liquidation price of US$4,247.39.