Ether's recent crash below $2,000 leaves $686 million gaping hole in trading firm's book

Feb 8, 2026 - 17:20
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Ether's recent crash below $2,000 leaves $686 million gaping hole in trading firm's book
The firm’s looped ETH long position unraveled this week as ether's price crashed, resulting in an estimated $686 million loss.

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