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A whale liquidated a long position, incurring a loss of over $9 million, and opened a short position worth approximately $55 million.

By: theblockbeats.news|2025/08/07 02:42:03

BlockBeats News, August 7th, according to LookIntoChain monitoring, 5 hours ago, Whale 0xd85d closed out a long position: lost 5.33 million US dollars on ETH, lost 3.72 million US dollars on SOL. Then opened a new short position: 10,491 ETH (38.7 million US dollars), 100,000 SOL (16.86 million US dollars).

Magic Eden: Distributed Season 2 Airdrop Rewards, totaling 10 million ME

Thomas Lee: Based on the ETH/BTC exchange rate during the 2021 peak, ETH could rise to $16,000