Data: Previously, a 25x long position on ETH by a whale lost over 9.6 million dollars in the past week, and is now going long again
According to on-chain analyst Ai Yi (@ai_9684xtpa), the "smart money" address that went long with 25x leverage after the ETH flash crash has turned to shorting and liquidated its position about 10 hours ago, incurring a loss of approximately $1.386 million, with a total loss of $9.655 million over the past week, similar to the previous "whale holding positions."
Subsequently, the address went long again and currently holds 2,248.72 ETH long positions (approximately $7.69 million), with an opening price of $3,434.29, currently in an unrealized loss.
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