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A whale's 10x leveraged short positions on BTC and ETH have incurred unrealized losses exceeding $6.37 million

2026-01-14 04:53

Odaily News According to monitoring by Lookonchain, a whale (0x218A...7Da2) currently holds 10x leveraged short positions on BTC and ETH, with unrealized losses exceeding $6.37 million. To avoid liquidation, the address has deposited 4.8 million USDC into Hyperliquid.