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A loss of $9.386 million; after closing out its ETH short position, a whale still holds a 20x leveraged long position on BTC

2026-07-04 00:39

Odaily Planet Daily reports that a whale has closed out its ETH short position, resulting in a loss of $9.386 million from this trade. The whale's total profit has dropped from $6.6 million to a loss of $2.3 million. It currently still holds a 20x leveraged long position of 228.7 BTC.