Data: A trader who opened a $100 million ETH short position yesterday has closed it with a loss of $260,000 and has now switched to going long on BTC
According to Lookonchain monitoring, the trader who opened a short position worth over 100 million USD in ETH yesterday has closed their position, incurring a loss of 260,000 USD, and then switched to going long on BTC, opening a long position of 175.04 BTC (13.43 million USD) with 20x leverage.
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