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An Address Longed Ethereum to Realize Over $1.2 Million in Profit, Then Shorted Bitcoin 40x

2025-06-23 23:12

BlockBeats News, June 23rd, according to lookonchain monitoring, the address 0x916E has just closed out its Ethereum long position, with a profit of $1.27 million.


Subsequently, they opened a Bitcoin short position with 40x leverage, with a size of 1,337 BTC (worth $135.77 million).


Liquidation Price: $104,395.91.


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