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Wallet Reverses Ether Position, Closing a Short Valued at $61.01 Million

Wallet Reverses Ether Position, Closing a Short Valued at $61.01 Million

Photo: TokenPost

Address 0x7fdafde5cfb5465924316eced2d3715494c517d1 reversed its Ether (ETH) exposure over a nearly 16-hour window, closing a short position valued at about $61.01 million and opening a long worth $11.87 million. Trading activity ran from 6:04 a.m. ET Thursday, Oct. 29 (10:04 UTC) to 9:59 p.m. ET the same day (01:59 UTC Friday, Oct. 30). The $61.01 million figure describes the short position’s value. Separately, about $17.25 million in positions were closed and $13.87 million in positions opened during the window. At 4:20 a.m. ET Friday, Oct.

Source: TokenPost

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