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Loss of $9.386 million, a whale closes ETH short position but still holds a 20x leveraged BTC long position

2026-07-04 00:39

Odaily Planet Daily 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. It still holds a 20x leveraged long position of 228.7 BTC.