A whale short ETH with high leverage and lost $2.46 million. He then switched to long with 40x leverage

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Wu Blockchain
11 hours ago
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According to @EmberCN monitoring, a whale yesterday opened a short position of ETH worth $103 million at a price of $2,514 with 25x leverage. Due to the rise in ETH price, the whale closed the entire position half an hour ago, incurring a loss of $2.46 million. Subsequently, the whale opened a long position of 166 BTC with the remaining funds at a price of $106,580 using 40x leverage, with a position value of $17.6 million and a liquidation price of $105,510.


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