After losing over $3.36 million in 10 days, a whale opened a new long position in ETH with high leverage, worth approximately $55 million.

CoinFeed reported on June 15th that, according to Lookonchain, the same trader who previously lost $3 million on a long position in BTC returned after a 10-day absence. Today, their attempt to short BTC failed again, resulting in an additional loss of $360,000. The trader then switched their strategy to long ETH, opening a position of 31,956 ETH with 5x leverage, resulting in a nominal position of approximately $54.98 million.