Onchain Lens reports a major whale has simultaneously taken sizable leveraged long bets on BTC and ETH, with significant unrealized losses recorded on Ethereum holdings.
Blockchain monitoring platform Onchain Lens identified a whale opening a 25x leveraged Bitcoin long position valued at $67 million, alongside 25x leveraged Ethereum longs across two wallets. These Ethereum positions are currently showing an unrealized loss of $3.6 million.