ETH/BTC Exchange Rate Hits Near Two-Month High, Multi-Million Dollar Short Whale Loses $1.7 Million

BlockBeats News, April 15th, according to Hyperinsight monitoring, the ETH/BTC exchange rate has been continuously rising, reaching a nearly 70-day high last night, breaking through $0.032, setting a new high in about two months.

As a result, on Hyperliquid, the address identified as BobbyBigSize, a hedge trader, has a total combined position size of $34.6 million in an ETH short position and BTC long position, with the total unrealized losses on both sides expanding to approximately $1.78 million.

In addition, this address also holds a $12.45 million HYPE short position with a $1.4 million unrealized loss, as well as a $3.8 million SOL long position and several other hedge positions.

Address: 0x7fdafde5cfb5465924316eced2d3715494c517d1