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Traders shorting ETH with 25x leverage made a profit of 11.3 million USD from long orders the previous day.
[Block Rhythm] On August 10, according to monitoring, a futures trading trader started shorting ETH with 25x leverage 20 minutes ago. Currently, they are executing shorting using TWAP ( time-weighted average price ). The order shows that it will complete a shorting of 10,000 ETH with a notional value of 42 million USD ( in 3 hours.
The trader closed long positions in BTC and ETH last night, making a profit of 11.3 million dollars.