The recent market seems to have a magic that turns smart money into foolish money🪄
"Smart money bravely went long 25x on $ETH after the flash crash on 1011" has reversed direction and liquidated its position with a stop-loss 10 hours ago, incurring a loss of $1.386 million; in the past week, the loss has reached $9.655 million.
Subsequently, it switched direction again to go long, holding a long position of 2,248.72 ETH (approximately $7.69 million), with an opening price of $3,434.29, currently in a floating loss state.