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A whale switched from longing ETH to shorting it after losing over $35 million, then lost an additional $614,000.

By: theblockbeats.news|2025/09/08 00:51:50

BlockBeats News, September 8th, according to LookIntoChain monitoring, the whale address 0xa523 switched from a long position to a short position on ETH after suffering over $35 million in losses, and incurred an additional $614,000 in losses. The whale currently holds a short position of 1,351 BTC, with a value of $150 million.

Circle has announced that native USDC and CCTP V2 will be deployed on Hyperliquid.

Analysis: The U.S. long-term unemployment rate is rapidly surging, surpassing all economic recessions outside of 2020 and 2008.