A certain whale has repeatedly gone long on ETH at high prices over the past week, accumulating losses of over $23 million.

According to a report by Jinse Finance, on-chain analytics platform Lookonchain has monitored that a whale with the address 0xa523 has newly opened long positions for 20,800 ETH (approximately $92.8 million) at prices of $4,470 and $4,450 in the past 15 hours. The profit target price set by this address is $5,300, and the liquidation price is $4,297.67. Notably, this address has accumulated losses of over $23 million in the past week.