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The long position held by the $230 million whale has gone from a paper profit of $56 million to a paper loss of $50 million.

according to on-chain analyst Yu Jin's monitoring, as ETH has fallen back below $3000 from over $3300 a few days ago, the long positions of a $230 million large whale have shifted from an unrealized profit of $56 million a few days ago to an unrealized loss of $50 million now. The account's value has decreased by as much as $106 million in a few days. The liquidation price of his $660 million ETH long position is $2,263, which is $700 away from the current price.

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