BlockBeats news, on August 8th, according to on-chain information, a certain smart money increased its position by 4,000 ETH at an average price of $3,997 for a 25x long position half an hour ago, bringing its current position value to $20.55 million.

It is worth noting that this address also reduced some ETH long positions 50 minutes ago. As of the time of publication, this address still holds a 40x Bitcoin long position worth $29.17 million.