A whale address closed its position and cut 10 times its ETH short position, resulting in a loss of 3.27 million US dollars

BlockBeats News: On July 3rd, according to Onchain Lens monitoring, a whale address closed its 10 times ETH short position, losing $3.27 million. In the past two ETH transactions, this whale incurred a total loss of 6.83 million US dollars.