A trader closes positions after a $6.09M loss, then shifts to longs on ETH and HYPE

On November 3, data from Lookonchain shows that trader 0xf081 closed out long positions in BTC, HYPE, and ZEC over the past six hours, incurring a loss of approximately $6.09 million.

Subsequently, the trader opened long positions in 14,583 ETH and 117,871 HYPE, valued at approximately $33 million and $9.9 million, respectively.