Two addresses opened an ETH short position worth $11.86 million and an ETH long position worth $30.92 million, respectively.

ChainCatcher News, according to monitoring by Lookonchain, a fierce long-short battle unfolded on ETH in the past 2 hours. The address starting with 0x4607 deposited 3 million USDC into its contract account and opened a 4x leveraged short position of 3,840 ETH (worth 11.86 million USD). The address starting with 0xfB66 also deposited 7.38 million USDC and opened a 12x leveraged long position of 10,000 ETH (worth 30.92 million USD).