"Whale with '25x Short ETH' Position Flips to Long BTC, Nearing Liquidation Again"

BlockBeats News, May 19th, according to EmberCN monitoring, yesterday a whale who went short with 25x leverage at a value of $103 million on ETH at $2,514, kept setting stop-loss orders as ETH rose, and finally liquidated the entire position half an hour ago, resulting in a loss of $2.46 million.

After closing the ETH short position, the whale went long on BTC, opening a 40x leveraged long position with 166 BTC at a price of $106,580, with a position value of $17.6 million and a liquidation price of $105,510, currently in an unrealized loss position.