An address liquidates ETH long positions, incurring over $17 million in profit losses over the past five days
According to ChainCatcher, citing monitoring by lookonchain, some of the BTC and ETH long positions held by address 0x0558 were liquidated due to the market downturn. The address has now fully closed its ETH long positions and currently still holds 640 BTC long positions, valued at $72.3 million.
Five days ago, the total profit exceeded $18 million, but now only $494,700 remains—almost all gains have evaporated.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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