[Onchain Lens: An ETH Whale Withdraws After Losing $4.86M in Two Long Positions] Onchain analyst Onchain Lens monitoring reveals that a major Ethereum holder suffered losses after two consecutive high-leverage operations and has completely exited the market. The investor first closed a 7x leveraged ETH long position, incurring a loss of $3.34M, then opened a new 8x leveraged ETH position worth approximately $17M, ultimately closing it with a $1.23M loss. The two operations resulted in a total loss of $4.86M, and the investor has withdrawn all remaining funds from the HyperLiquid platform.