A Whale Address that borrowed coins to go long on ETH closed all positions 1 hour ago, with a loss of 1.42 million dollars.

On May 17, according to on-chain data analyst @ai_9684xtpa, a Whale Address that borrowed coins to go long on ETH ultimately gave up. In the past hour, he closed all positions for 10,543 ETH at an average price of $2,473.61 (approximately $26.08 million), because the average price for this Address's long position was $2,608.36, resulting in a total loss of $1.42 million for this borrowing to go long.

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