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ETHUSD Rebounds as Whale $100M Short Faces Liquidation Risk Amid Institutional Outflows

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • A crypto whale opened a $100M leveraged ETH short position facing potential $1M+ losses as Ethereum rebounds.
  • Vitalik Buterin pledged reduced Foundation token sales, but institutional outflows and weakening conviction persist.
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ETHUSD price history

2425.10 +23.41% over the displayed period

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