"Pal" successfully longed after numerous setbacks, with the 162nd rektoning this time, with an estimated liquidation price of around $1938 for ETH.

BlockBeats News, February 27th, according to Coinbob popular address monitoring, after experiencing the last liquidation, it has once again initiated a new round of ETH long operation. The address recently deposited approximately $250,000 to establish an ETH long position, and then, through continuous rollovers, gradually increased the position size to $13.5 million within three days.

Currently, it holds a 25x leveraged ETH long position, with an average price of $1945, a floating profit of approximately $320,000 (60%), a liquidation price of around $1938, and an estimated liquidation of about 2.4%.

Looking back at the recent transactions of this address, it often opens positions with hundreds of thousands of dollars, continuously increasing the position size and average price through rollovers. However, multiple attempts have been liquidated due to a high average price and a market pullback. After liquidation, the address will deposit funds again and restart the next round of long positions in the same way, either aiming for a major rebound or the start of a bull market.

Since October last year, this address has attempted to long various types of currencies 162 times in the past nearly 5 months, including 18 times for ETH, with a net deposit of approximately $15.68 million to Hyperliquid. Almost every incoming fund ultimately ended in losses.