According to ChainCatcher, on-chain analyst Ai Yi said a wallet is currently holding a 20x leveraged long position in 12,832 ETH and a 20x leveraged short position in 366 BTC. The value of each single-asset position is about $24 million. Based on the monitoring data cited in the report, the ETH short is showing an unrealized loss of $4.07 million, while the BTC long is posting an unrealized gain of $216,000. Taken together, the address is sitting on a combined unrealized loss of $3.856 million. The report did not disclose additional details about the identity behind the address.
ChainCatcher reported, citing on-chain analyst Ai Yi, that one address is currently holding a 20x leveraged long position in 12,832 ETH and a 20x leveraged short position in 366 BTC, with each single-asset position valued at about $24 million.
Ai Yi's monitoring data showed that the ETH short is carrying an unrealized loss of $4.07 million, while the BTC long is posting an unrealized gain of $216,000, leaving the account with a combined unrealized loss of $3.856 million.
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