Address 0xebe8 closes 800 BTC long position, losing approximately $1.26 million

CoinFeed June 24 news, according to Lookonchain, as BTC fell below $61,000, address 0xebe8 closed its 800 BTC long position on Hyperliquid, with a notional size of approximately $48.8 million, resulting in a loss of about $1.26 million.