The address that was 25x shorting ETH closed its short position and switched to long 5 minutes ago, now holding 7,355.32 ETH.
Foresight News reported, according to Ai Yi's monitoring, the address that previously held a 25x short position on ETH opened a 25x long position on ETH 5 minutes ago, holding 7,355.32 ETH (approximately $27.79 million), with an opening price of $3,784.96, and is currently facing an unrealized loss of $40,000.
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"Maji" reduced its 25x leveraged ETH long position, with the current liquidation price at $3,042.74.
$55.71 million in liquidations across the entire network in the past hour, mainly long positions
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