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Lost $9.386 Million, a Whale Still Holds a 20x Leveraged Long Position on BTC After Closing ETH Short

2026-07-04 00:39

Odaily reports that a whale has closed its ETH short position, incurring a loss of $9.386 million in this trade. The whale's total profit has dropped from $6.6 million to a loss of $2.3 million, and it still holds a 20x leveraged long position on 228.7 BTC.