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The "Long to Short Flip" Whale Initiates ETH Long Hedge Position, with a Total Unrealized Loss of $240,000

2025-12-31 09:09

BlockBeats News, December 31, according to Hyperinsight monitoring, the "Long to Short" whale (0x50b30) went short with 20x leverage on 798.73 BTC (about $70.72 million) and opened a long position with 18x leverage on 5626.42 ETH (about $16.71 million) as a hedge, with a total unrealized loss of $240,000.

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