According to BlockBeats on-chain detective reports, on May 19, EmberCN monitored a whale opening a short position worth $103 million in ETH with 25x leverage at $2,514, ultimately closing the position with a loss of $2.46 million. The whale then switched to a long position in BTC, opening a 40x leveraged long of 166 BTC at a price of $106,580, with a position value of $17.6 million and a liquidation price of $105,510, currently in a floating loss state.

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