A certain whale bought 4,599 ETH within 24 hours while simultaneously increasing their ETH short positions by 20 times.

PANews reported on December 19 that, according to Onchain Lens monitoring, a whale address accumulated a total purchase of 4,599 Ethereum (ETH) in the past 24 hours, with a total value of approximately $13.2 million. This includes an additional purchase of 2,249 ETH (worth $6.54 million) from the HyperLiquid and Lighter platforms.

At the same time, the whale further increased a 20x ETH short position on the above two platforms.