A long address that had long 105,000 ETH in long positions reduced its holdings by 3,000 ETH, but still faces a paper loss of $6.23 million.

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PANews reported on February 11 that on-chain data shows that in the past 5 hours, two major long addresses reduced their holdings by a total of 3,000 ETH, resulting in a loss of approximately $302,000. Their current combined holdings have decreased to 102,000 ETH, with a total market value of approximately $202 million, and they are still in a floating loss state of $6.23 million.

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