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A certain whale shorted 397.9 BTC while simultaneously going long on 4383 ETH, opening a hedging position.
BlockBeats News, January 9th, according to Hyperinsight monitoring, a whale opened a long position of 4383.15 ETH (approximately $13.67 million) at 14x leverage today at 12:40. Previously, it had established a 20x leverage short position of 397.98 BTC (approximately $36.22 million). The hedge position is now in a slight unrealized loss.