Foresight News reports that, according to monitoring by “Ai Yi”, a whale address starting with 0xedc opened a 20,000-ETH long position about half an hour ago using 4x leverage, worth $38.71 million. The entry average price was $1,936, and the margin used was $9.67 million. The margin utilization for this position was 100.3%, marking the first occurrence of a new ETH long address in a long time.