According to BlockBeats, recent data from Lookonchain reveals that , the whale identified as 0xd85d closed its long positions, incurring substantial losses. The whale experienced a $5.33 million loss on Ethereum (ETH) and a $3.72 million loss on Solana (SOL). Subsequently, the whale opened new short positions, involving 10,491 ETH valued at $38.7 million and 100,000 SOL valued at $16.86 million.

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