The whale lost $2.46 million by short ETH with high leverage, and switched to BTC long position with 40 times long
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Planet Daily News: According to Yuji monitoring, a whale yesterday shorted ETH worth $103 million at a price of $2,514 with 25x leverage. Due to ETH's continuous rise, the stop loss was triggered, resulting in a loss of $2.46 million and closing the position. However, ETH subsequently fell after the whale's exit. The trader immediately turned to BTC, going long 166 BTC (worth $17.6 million) at a price of $106,580 with 40x leverage, with a liquidation price of $105,510. A slight pullback in BTC could lead to another liquidation.
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