BlockBeats News, on May 19, according to EmberCN monitoring, "A giant whale that shorted ETH with 25x leverage and then switched to long BTC, once again on the verge of liquidation" recognized losses and stopped out after holding the position for 45 minutes, incurring an additional loss of $175,000. Its initial capital of $2.96 million remained $250,000 after 2 days of continuous trading.
After closing the long position in BTC, this whale once again shorted 2636 ETH at $2444 with 25x leverage, with a liquidation price of $2480.
