Odaily reported that, according to monitoring by on-chain analyst Ai Yi, an address deposited 3 million USDC at 19:53 and then opened a leveraged long position on ETH. The position covers 36,826 ETH, uses 20x leverage, and has a notional value of $61.13 million.
The ETH long was opened at $1,620.6
The opening price of the position was $1,620.6, while the monitored ETH price was $1,658.8. Based on that price movement, the address recorded an unrealized profit of $1.608 million in less than two hours. Unrealized profit refers to paper gains calculated at the current price before a position is closed; the final result depends on the closing execution.
The on-chain activity shows that the address first completed the 3 million USDC deposit and then established a large ETH long position. The reported details include the deposit time, position direction, leverage ratio, opening price, current price, notional value and current unrealized profit. The report did not disclose the address identity or any subsequent trading plan.