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“18x leverage” whales closed their ETH short orders, losing $8.44 million in the day

2025-07-16 18:18

Odaily News According to Lookonchain monitoring, when the ETH price broke through $3,300, the whale "0x2258" who had previously opened an 18x leveraged short position on ETH closed all ETH short positions before being liquidated, losing $8.44 million in just one day.