X @Lookonchain

Whale Trading Activity - Whale 0xa523 closed all ETH long positions, incurring losses exceeding $36 million [1] - This whale then initiated a short position in BTC with 25x leverage, amounting to 1,107 BTC valued at $1224 million [1] Losses and Positions - The whale lost over $30 million in a week, consistently longing ETH at highs and closing at lows [1] - Recently, the whale closed 41,931 ETH long positions (approximately $1794 million) with a $10 million loss [1] - The whale still holds 36,578 ETH long positions, valued at around $160 million, resulting in a total loss exceeding $30 million [1]