A whale closed a $103 million ETH short position half an hour ago, incurring a loss of $2.46 million
According to a report by Jinse Finance, monitored by on-chain analyst Ember, after opening a short position of $103 million in ETH at a price of $2,514 with 25x leverage yesterday, ETH continued to rise, and his position was stopped out all the way. Finally, he closed all positions half an hour ago, incurring a loss of $2.46 million. After closing the ETH short, he turned to use the remaining funds to chase a BTC long: opening a long position of 166 BTC at a price of $106,580 with 40x leverage, with a position value of $17.6 million. The liquidation price is $105,510.
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