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Whale Opens 20x Leveraged Short Positions on BTC and ETH Worth $80 Million
According to on-chain analyst Onchain Lens, a whale with the address 0x049 has simultaneously opened short positions on 577.34 BTC (approximately $40 million) and 19,344.8 ETH (approximately $40 million) with 20x leverage, bringing the total shorting scale to approximately $80 million.