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Bitcoin OG Takes $15M Short Position on ETH with 5x Leverage
Gate News bot message, A prominent Bitcoin OG (10/11) has initiated a new ETH short position with 5x leverage, amounting to $15 million.
The position details indicate 5,000 ETH were shorted at an entry price of $3,001.81, with a liquidation price set at $5,056.50.
This move follows their previous successful ETH long position, which was closed with a profit of $782,630, according to Onchain Lens.