The two addresses opened ETH short positions of $11.86 million and ETH long positions of $30.92 million respectively.

Over the past two hours, a battle between bulls and bears has unfolded in the ETH market. An address starting with 0x4607 deposited 3 million USDC into its contract account, opening a 4x leveraged short position of 3,840 ETH (worth $11.86 million). An address starting with 0xfB66 also deposited 7.38 million USDC, opening a 12x leveraged long position of 10,000 ETH (worth $30.92 million).