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TechFlow news: On May 26, according to on-chain analytics platform Lookonchain (@lookonchain), the trader who opened over $100 million worth of ETH short positions yesterday has now closed those positions, incurring a loss of approximately $260,000. Subsequently, the trader switched to a long position on BTC, opening a 20x leveraged long position on 175.04 BTC, with a position value of approximately $13.43 million.
According to on-chain analytics platform Lookonchain (@lookonchain), the trader who opened a $ETH short position worth over $100 million yesterday has now closed the position, incurring a loss of approximately $260,000. Subsequently, the trader switched to a long position on $BTC, opening a 20x long position on 175.04 $BTC, with a position value of roughly $13.43 million.
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