0x8fc Address Boosts ETH Long by 2,898 to $13.82M Total, Faces Growing Unrealized Losses from High‑Leverage Swing Trades

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COINOTAG News (September 24) citing HyperInsight monitoring reported that the address beginning with 0x8fc shifted from a short to an increased ETH long, adding 2,898 ETH and bringing its reported total position to approximately $13.82 million. The update reflects on-chain position adjustments captured by surveillance tools.

Real-time analytics indicate the account currently carries a predominant long exposure in ETH valued near $13.22 million alongside a minor allocation to ASTER. Tracking data shows the account’s aggregate position has fluctuated significantly in recent periods, at times exceeding $20 million, with a widening unrealized loss on paper.

On-chain behavior analysis shows the operator frequently employs high-leverage trading strategies and active swing trading in ETH and BTC. COINOTAG and HyperInsight monitoring note repeated large bets and withdrawals consistent with an elevated turnover profile rather than long-term buy-and-hold exposure.

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Source: https://en.coinotag.com/breakingnews/0x8fc-address-boosts-eth-long-by-2898-to-13-82m-total-faces-growing-unrealized-losses-from-high%E2%80%91leverage-swing-trades/