A whale failed to short BTC, losing $360,000, then switched to a 5x leveraged long position on ETH

Odaily Odaily News According to Lookonchain monitoring, the whale who previously lost about $3 million in a BTC long position has re-entered the market after a 10-day hiatus. The whale attempted to short BTC today but the trade failed, resulting in another loss of approximately $360,000. Subsequently, the whale switched to the ETH market, opening a 5x leveraged long position and buying 31,956 ETH, with a position value of approximately $54.98 million. Currently, the whale has shifted from a BTC directional trade to an ETH long position, and the market is watching the subsequent performance of its high-leverage operation.