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.
You may also like
Today, BTC options with a notional value of $13 billion expire, with the max pain point at $98,000.
CME Group: BrokerTec EU market is now open for trading, all other markets remain suspended
Animoca Brands plans to go public on Nasdaq in 2026
Trending news
MoreCrypto prices
More
