A certain whale closed a short position of over $100 million in ETH and switched to go long on $13.43 million worth of BTC.

Mars Finance News, May 26 — According to Lookonchain monitoring, a certain whale opened an ETH short position worth over $100 million yesterday and has closed it at a loss of $260k.
Subsequently, it switched to going long on BTC, opening a long position of 175.04 BTC, valued at approximately $13.43 million.
ETH0.2%
BTC-0.41%
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CandleSitter
· 5h ago
$100 million short position closed just like that; I’m impressed by the execution of this stop-loss.
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HeavyStakingOnASnowyNight
· 7h ago
Even the whales are crashing, paying the $260k tuition fee pretty quickly.
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ContrarianIndicatorMyself
· 10h ago
ETH is fully shorted, switching to long on BTC, playing back and forth skillfully.
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GateUser-0b71fc11
· 10h ago
13.43 million dollars invested in more BTC, hoping this time the direction is correct
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GateUser-57ab9c02
· 10h ago
This tells us: even the largest funds fear irrational market behavior.
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GateUser-9187acf1
· 10h ago
I can't keep up with switching from shorting ETH to going long on BTC.
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Lemon-FlavoredLiquidation
· 10h ago
Seeing big investors lose money strangely feels a bit comforting; turns out everyone is the same.
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GateUser-a4680931
· 10h ago
The whale's stop-loss line might be higher than my principal, so forget it.
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午休看TVL
· 10h ago
Losing $260k feels as natural as breathing—that's perspective.
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MemeFisher
· 10h ago
Just observe the big players' actions; copying their trades easily turns into fuel.
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