A whale liquidated its Ethereum positions within three days and then went long on MEGA, incurring a floating loss of over $840,000.

CoinFeed reported on May 3 that, according to Onchain Lens monitoring, in the past three days, a whale closed out a short position in Ethereum and opened a long position in MEGA (2x leverage), with a position size of 12 million. Currently, the floating loss exceeds $840,000.