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Whale Closes ETH Short Position with 18x Leverage, Incurring $8.44 Million Intraday Loss
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Odaily Planet Daily reported that, according to Lookonchain monitoring, as the price of ETH surpassed $3,300, the whale "0x2258," who had previously opened 18x leveraged short positions on ETH, closed all ETH short positions before being liquidated, incurring a daily loss of $8.44 million.
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