Whale Address 0xb9f Re-enters ETH Long Position with $43.74M After Realizing $1.38M Loss

A whale address (0xb9f) re-entered an ETH long position at 1:00 AM on November 6, holding $43.74 million at an average price of $3,432 with an unrealized loss of $660,000, HyperInsight data show. The address had fully closed its ETH short position opened the previous evening, realizing a loss of $1.38 million. The whale previously closed a 34-day ETH long position on the morning of November 5 with a realized loss of $2.04 million, despite reaching an unrealized profit exceeding $6 million at its peak, and had briefly ranked second in ETH contract long positions on Hyperliquid before switching to a short position.