A whale closed a short order worth 103 million USD in ETH half an hour ago, incurring a loss of 2.46 million USD.

According to Golden Finance reports, on-chain analyst Yu Jin monitored that after Shorting 1.03 hundred million USD worth of ETH at a price of 2,514 USD with 25x leverage yesterday, ETH rose all the way and his Position hit stop loss all the way. Ultimately, he closed the Position completely half an hour ago, incurring a loss of 2.46 million USD. After closing his ETH Short position, he turned around and used the remaining funds to chase a BTC Long position: opening a long of 166 BTC at a price of 106,580 dollars with 40x leverage, the position value is 17.6 million dollars. The liquidation price is 105,510 dollars.

ETH-3.57%
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GateUser-b1fd7eb1vip
· 05-20 05:49
Steadfast HODL💎
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GateUser-b1fd7eb1vip
· 05-20 05:48
Steadfast HODL💎
View OriginalReply0
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