A whale who previously went long on ETH with 25x leverage lost over $9.6 million in the past week and has now reversed course and opened a long position again.
2025-11-06 03:47
According to Odaily Planet Daily, monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), a "smart money" address that went long with 25x leverage after the ETH flash crash on October 11th switched to shorting yesterday and closed its position about 10 hours ago, incurring a loss of approximately $1.386 million. Its cumulative loss over the past week has reached $9.655 million, a pattern similar to that of the previous "whale" holding long positions. The address subsequently reversed course again and opened a long position, currently holding 2,248.72 ETH (approximately $7.69 million) at an opening price of $3,434.29, and is currently experiencing a floating loss.
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