A major whale address closed all ETH long positions, incurring a loss of over $36 million.
According to Jinse Finance, monitored by Lookonchain, the whale address 0xa523 closed all its ETH long positions, incurring a loss of over 36 millions USD. Subsequently, this whale switched to shorting BTC with 25x leverage. Currently, it holds 1,107 BTC, valued at 122.4 millions USD.
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.
You may also like
The total on-chain holdings of US spot Bitcoin ETFs have surpassed 1.32 million BTC.
Yesterday, the net inflow of US spot Ethereum ETFs was $76.6 million.
Analyst: Bitcoin has bottomed out in the short term, a rebound towards $100,000 may occur

BlackRock IBIT holdings drop to 777,700 BTC
