A major whale switches to short positions after losing $35 million on long ETH trades
According to ChainCatcher, on-chain analytics platform Lookonchain has monitored that a certain whale switched to a short position after losing $35 million on their ETH long position, but ended up losing another $614,000 an hour ago. The whale still holds a short position of 1,351 BTC (worth $150 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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