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A whale closed its long position on ETH after holding it for 138 days, still taking a loss of $900,000
Mars Finance reports that on March 16, according to Onchain Lens monitoring, a whale after holding for 138 days chose to cut losses and close its Ethereum long position, ultimately losing $900,000. Currently, the whale still holds a 2x leveraged long position in SOL and PUMP, as well as a 3x leveraged long position in XPL, with floating losses exceeding $5.16 million.