A whale address that went long on ETH at 20x leverage has turned a profit after previously incurring a paper loss of $3.5 million.

according to Onchain Lens monitoring, the whale address 0x6C8 started going long on ETH on February 11, once suffered a loss of over 3.5 million USD, is now profitable by 24,800 USD, and still holds a long position (20x) in ETH valued at 93.79 million USD.

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