TechFlow News: On March 17, on-chain analyst Onchain Lens (@OnchainLens) reported that as BTC and ETH prices rose, the 3x leveraged short position held by the whale address “pension-usdt.eth” incurred unrealized losses exceeding $10 million. Specifically, the 1,000-BTC short position (valued at approximately $75.64 million) incurred unrealized losses of about $6.7 million; the 10,000-ETH short position (valued at approximately $23.6 million) incurred unrealized losses of about $3.46 million.
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