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"Lightning Reverse" whale reduces ETH long positions, with a total unrealized loss of $5.7 million.
BlockBeats News, January 8 — According to Hyperinsight monitoring, the “Lightning Reversal” whale stopped shorting BTC on January 5 and immediately started going long. This morning, they reduced their ETH short position, realizing a loss of $578,000. Their current holdings are as follows:
Long 1569.29 BTC with 20x leverage (approximately $142 million), average entry price $93,838.7, unrealized loss of $4.218 million;
Long 11,757.76 ETH with 14x leverage (approximately $36.94 million), average entry price $3,284.08, unrealized loss of $148.3 thousand.