The experienced trader attracted attention by opening a long position on Ethereum (ETH) weeks later. The trader, who took good advantage of the downward trend in Ethereum in the past weeks and gradually closed a profitable short transaction, finally turned long. According to data from crypto analytics platform Perps Watcher, 0xSifu (sifu.eth), former CFO of decentralized autonomous organization (DAO) Frog Nation, opened an Ethereum long position worth approximately $21 million at an average price of $1,562. While the experienced name opened the transaction gradually over the past 3 days, he used a balance of approximately 4 million dollars for the long position and increased the volume of the position to 20 million dollars with 5.27x leverage. The trader's liquidation price for this position is positioned at $1,298. Ethereum, which has lost 12% in value in the past 2 weeks, continues to move horizontally after finding buyers at the $ 1,500 support.