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#BTC According to a report by Jinse Finance, on-chain analyst Yu Jin monitored that after opening a Short position worth 103 million USD of ETH at a price of 2,514 USD with 25x leverage yesterday, ETH rose all the way, and his Position hit stop loss all the way. Ultimately, he closed the position entirely half an hour ago, incurring a loss of 2.46 million USD.
After closing his ETH short position, he turned around and used the remaining funds to chase a BTC long: opening a long position of 166 BTC at a price of 106,580 USD with 40x leverage, the position value is 17.6 million USD. The liquidation price is 105,510 USD. #NXPC Launchpool