A Whale Opens 40x BTC Short Position at 3 AM While Spending $4 Million to Buy ETH
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According to Jinse Finance, on-chain analyst Ai Yi (@ai_9684xtpa) monitored that before opening a 40x BTC short position at 3 a.m., he spent 4 million USDC to purchase 1,461.63 ETH at an average price of $2,736.67. He is currently facing an unrealized loss of $392,000.
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