[Two addresses respectively opened a $11.86 million ETH short position and a $30.92 million ETH long position] According to monitoring by Lookonchain, a battle between long and short positions on ETH unfolded in the past two hours. The address starting with 0x4607 deposited 3 million USDC into its contract account and opened a 4x leveraged short position of 3,840 ETH (valued at $11.86 million). Meanwhile, the address starting with 0xfB66 also deposited 7.38 million USDC and opened a 12x leveraged long position of 10,000 ETH (valued at $30.92 million).