Trader 0x914b loses $471K shorting ETH, flips to 23,734 ETH long
- —Short of 14,976 ETH resulted in a $471K loss
- —Trader flipped to a 23,734 ETH long worth $64.3M
- —Long liquidation price is set at $2,650
Why it matters: The flip to a large long could amplify pressure on ETH around the $2,650 level if it breaks lower.
Source: Coinfomania