Whale Address 0xffbd Opens $4.5M ETH Long, Total Derivatives Positions Reach $157M

Whale address 0xffbd opened an additional 2002.67 ETH long position worth approximately $4.5M at an average entry price of $2245.1 on February 2, HyperInsight data cited by BlockBeats show. The address currently holds leveraged long positions totaling around $157M across multiple tokens, including a 20x BTC long of 853.9 BTC valued at about $66M with an unrealized loss of roughly $1.96M at an average price of $79,049, a 20x SOL long of 380,000 SOL worth about $38M with an unrealized loss of around $4.66M at an average entry of $114, and a 20x ETH long of 13,000 ETH valued near $29M showing about $130,000 in unrealized profit at an average price of $2232.