Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / support@techflowpost.com ICP License: 琼ICP备2022009338号
TechFlow News: On February 9, according to on-chain analytics platform Lookonchain, an Ethereum whale address “0xa5B0” closed its long position in Ethereum—held for over 70 days—recording an $8.8 million loss.
Subsequently, the address immediately opened a new 20x-leveraged long position totaling 60,000 ETH (approximately $122.2 million). This new position is already underwater by over $1.4 million.
According to on-chain analytics platform Lookonchain, an Ethereum whale address “0xa5B0” closed its long Ethereum position after holding it for over 70 days, incurring an $8.8 million loss. Subsequently, the address immediately opened a new leveraged long position at 20x leverage, totaling 60,000 ETH (approximately $122.2 million). This new position is already underwater by over $1.4 million.
Navigating Web3 tides with focused insights
