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A certain address closed its long ETH position, with profit losses exceeding $17 million in the past five days.

A certain address closed its long ETH position, with profit losses exceeding $17 million in the past five days.

CointimeCointime2025/08/02 18:45
By:Cointime

 according to lookonchain monitoring, due to the market downturn, some BTC and ETH long positions at address 0x0558 have been liquidated. He has completely closed the ETH long position and currently holds a long position of 640 BTC (worth $72.3 million). Five days ago, his total profit exceeded $18 million, but now there is only $494,700 left - almost all profits have evaporated.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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