A major whale address closed all ETH long positions, incurring a loss of over $36 million.
According to Jinse Finance, monitored by Lookonchain, the whale address 0xa523 closed all its ETH long positions, incurring a loss of over 36 millions USD. Subsequently, this whale switched to shorting BTC with 25x leverage. Currently, it holds 1,107 BTC, valued at 122.4 millions USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Iranian Revolutionary Guard Navy has taken action against at least seven oil tankers in the Strait of Hormuz within five days.
According to a report by Iran's Fars News Agency on June 3, the Iranian Islamic Revolutionary Guard Corps Navy has taken action against at least seven "violating" oil tankers in the Strait of Hormuz over the past five days. Citing multiple sources, the report states that although the US government has consistently claimed that the Strait of Hormuz remains open and under US control, in reality, Iran has acted against more than one oil tanker on average per day. (Xinhua News Agency)
Besant says there is no need to panic over the rising US Treasury yields
