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This morning, whales shorting mainstream crypto tokens at 20x leverage have already realized losses exceeding $600k.
BlockBeats News, June 22 — According to HyperInsight monitoring, this morning, whales shorting mainstream crypto tokens with 20x leverage have already realized losses of over $600k.
Earlier reports indicate that this morning, a newly created address invested $6.68 million in 20x short positions on BTC, ETH, and SOL, with short positions valued at $27 million, $13 million, and $7 million respectively.