An ETH bull is holding a $186 million position, currently facing a $2.9 million unrealized loss.

According to on-chain analyst Ai Aunt (@ai_9684xtpa), a “die-hard bullish trader” has been long 80,000 ETH since April 30 from two addresses, with an average entry price of approximately $2,265 per ETH, resulting in a position value of $186 million—without any reduction in exposure throughout this period. As BTC dropped below $80,000, this position re-entered negative territory, currently showing a floating loss of about $2.9 million; at the market peak on May 11, however, the position had achieved a floating profit exceeding $8 million.