According to Onchain Lens data, a notable ETH whale who was liquidated yesterday for $3.34 million in a 7x long position has opened a new ETH long with 8x leverage within the past 30 minutes, now estimated at roughly $17 million in exposure.

Such rapid re-entry into high‑leverage exposure signals risk reallocation rather than a directional bet. Traders should monitor margin requirements, funding costs, and liquidity across venues as the position develops, maintaining disciplined risk controls in volatile markets.

As a data point, Onchain Lens continues to provide timely insight into ETH derivatives activity. Readers should corroborate with independent indicators and adhere to prudent risk budgets when tracking large-address moves in the ETH space.