ETH/BTC exchange rate hits a new high, whales suffer losses of over $1.7 million

On April 15, the ETH/BTC rate surpassed $0.032, reaching a new high in nearly 70 days. According to monitoring by Hyperinsight, the combined position size of ETH short and BTC long holdings by trader BobbyBigSize on the Hyperliquid platform reached $34.6 million, with an unrealized loss of approximately $1.78 million. In addition, this address also holds a $12.45 million HYPE short position, with an unrealized loss of $1.4 million, as well as a $3.8 million SOL long hedge position. Address: 0x7fdaf…17d1.