Data: Two addresses opened a short position of $11.86 million in ETH and a long position of $30.92 million in ETH respectively

According to Lookonchain monitoring, in the past 2 hours, ETH has witnessed a showdown between bulls and bears. An address starting with 0x4607 deposited 3 million USDC into its contract account and opened a short position of 3,840 ETH (worth 11.86 million USD) with 4x leverage.

An address starting with 0xfB66 also deposited 7.38 million USDC and opened a long position of 10,000 ETH (worth 30.92 million USD) with 12x leverage.