Smart money with cumulative profits exceeding US$23 million continued to reduce its ETH long positions by 25 times in the past hour


 according to on-chain information, a smart money reduced 25 times the ETH long position in nearly 1 hour. As of the time of writing, it has reduced the position by 6,913.12 ETH, reducing the position value by $21,048,396.95. Currently, it still holds a long position in ETH worth $71.33 million, with a floating profit of $4.76 million.