After losing $10.67 million chasing ETH last night, a certain whale address switched to shorting BTC, with a position valued at $122 million.

BlockBeats News, September 6, according to on-chain data analyst Yujin's monitoring, a certain whale address lost $10.67 million by chasing ETH after last night's non-farm payroll data, and has lost a total of $35.84 million on long ETH positions. Now, this address has switched to shorting BTC.

After closing all ETH long positions with a stop loss last night, the address has gradually opened short BTC positions over the past 5 hours. Currently, it has shorted 1,107 BTC, with a position value of $122 million. The opening price was $111,390, the liquidation price is $116,824, and the current unrealized profit is $830,000.