Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Following the flash crash on October 11th, "smart money" that had been longing ETH at 25x leverage switched from short to long positions and continued to add to them, now holding a position worth over $43 million.
2025-11-06 06:54

According to data from Hypurrscan, following the 1011 flash crash, "smart money" that had been 25x leveraged long positions in ETH reversed course yesterday, shorting and liquidating their positions before opening long positions again. Their 25x leveraged Ethereum long positions have been continuously added to in the past hour, currently totaling 12,938 ETH, valued at $43.834 million, with a liquidation price of $3,150.92.