This large investor, who profited $96.67 million from Ethereum swing trading, has been active recently. After depositing 20 million USDC yesterday, they directly increased their BTC long position to 2,830 coins, with a total value of approximately $259 million.

Based on an entry average price of $92,318, this long position was established at a relatively high level. At the current price, it is already experiencing an unrealized loss of about $1.75 million, with a liquidation threshold set at $81,157. Such leverage configuration carries significant risk exposure in volatile market conditions.

Interestingly, the large investor continues to add to their position, indicating confidence in the bullish outlook for the market. However, given the unrealized losses and the narrow margin to liquidation, this confidence is also being tested by market conditions. For traders tracking large investors' movements, the subsequent developments of this position are worth paying attention to.