TechFlow News, July 13: According to monitoring by on-chain analysis platform Lookonchain (@lookonchain), ETH longs and shorts are facing off. Address 0xe069 opened a short position of 30,000 ETH (approximately $53.49 million) with 20x leverage; this address previously achieved profits on three consecutive long positions on BTC, ETH, and SOL, with cumulative profits of $444,000; Address 0x7fba opened an equal long position of 30,000 ETH (approximately $53.49 million) with 10x leverage, with 6 profitable trades out of 8 historical transactions, a win rate of 75%, and cumulative profits of $3.1 million.
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