A certain whale closed an ETH long position with a loss of $35.39 million and switched to opening a BTC short position worth $122.6 million.
According to Jinse Finance, Onchain Lens monitoring shows that a whale account holding a 15x leveraged ETH long position has closed the position, incurring a book loss of $35.39 million. The account then switched to opening a 25x leveraged BTC short position, totaling 1,106.93 BTC, valued at approximately $122.6 million.
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