A whale on the blockchain significantly increased its position within half an hour, adding 12,405 ETH (worth $35.33 million). This move expanded its ETH long position to 203,000 ETH, with a total value of $578 million.

This major holder's long positions span multiple mainstream cryptocurrencies—besides a heavy ETH holding, it also holds substantial BTC and SOL positions. The total value of the entire long account has risen to $695 million.

Interestingly, despite the large scale of the operation, the account is currently in a floating loss, with a loss of $70.1 million. This indicates that the whale is optimistic about the future market, choosing to add to its position despite the losses, possibly preparing for a rebound.