BlockBeats message, on February 27, according to Coinbob's popular address monitoring, after experiencing the last round of liquidation, a new round of ETH long operations has been initiated. This address recently deposited about 250,000 USD to establish an ETH long position, and subsequently, through continuous rolling, expanded the position size to 13.5 million USD within three days.

Currently, it holds a 25x leveraged ETH long position, with an average holding price of 1945 USD, floating profit of about 430,000 USD (80%), and a liquidation price of about 1938 USD, with a liquidation rate of about 2.4%.

Looking back at this address's recent transactions, it often builds positions with hundreds of thousands of USD, continuously pushing up the position size and average price through rolling. However, multiple attempts have been liquidated due to the average price being too high and market corrections. After liquidation, this address will deposit funds again to restart the next round of long positions in the same manner, possibly aiming for a significant level rebound or the start of a bull market.

Since October of last year, this address has attempted to long various cryptocurrencies 162 times over the past 5 months, including 18 times for ETH, with a net deposit of approximately 15.68 million USD to Hyperliquid. Almost every transfer of funds ultimately ended in a loss.