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

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The firm’s looped ETH long position unraveled this week as ether's price crashed, resulting in an estimated $686 million loss.

source https://www.coindesk.com/markets/2026/02/07/ether-s-recent-crash-below-usd2-000-leaves-usd686-million-gaping-hole-in-trading-firm-s-book

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