Large ETH long positions lost $6.31 million this month, market pressure becoming increasingly evident

【Block Rhythm】There’s an interesting phenomenon worth noting. A well-known individual’s ETH long position recently hasn’t been looking good — 3,875 ETH opened at an average price of $3,191.89, now floating at a loss of over $300,000. The liquidation price is $3,053.81, which seems to provide some safety cushion, but the loss acceleration is quite rapid. In just one week, the loss was $1.55 million, and for the entire month, the total loss reached $6.31 million. The fluctuations in such large positions actually reflect the recent market pressure on ETH. For retail investors, this is also a reminder — the stop-loss levels of big players often indicate critical support points in the market.