A whale closed out over $100 million in short ETH positions and instead long$13.43 million in BTC.

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According to BlockBeats, on May 26, Lookonchain monitored that a whale opened a short position in ETH worth over $100 million yesterday and has closed the position with a loss of $260,000.

Subsequently, he switched to long on BTC, opening a long position of 175.04 BTC, worth approximately $13.43 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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