An anonymous trader has realized nearly $68 million in unrealized profits by shorting Ether with a 50x leverage as its price dropped 11%. The position involved shorting 70,131 ETH, worth over $155 million, amid significant market volatility following a major hack.The Ethereum ecosystem is also experiencing developments with the Pectra upgrade, which aims to enhance scalability and reduce selling pressure. However, issues during its testnet activation may delay the mainnet launch, with further updates expected during the upcoming All Core Developers call.
about Anonymous Trader Gains 68 Million from Shorting Ether Amid Price DropGabriel
0 posts last weekBuilding Economic Resilience in a Changing Global Landscape
Gabriel Makhlouf, Governor of the Central Bank of Ireland, addressed the IIEA, emphasizing the need for economic resilience amid ongoing global challenges. He highlighted the impact of recent crises, including the pandemic and geopolitical tensions, while outlining priorities for 2025 and the evolving international landscape.
about Building Economic Resilience in a Changing Global LandscapeLLB Completes Acquisition of Zürcher Kantonalbank Austria in Billion Euro Deal
Liechtensteinische Landesbank (LLB) has successfully completed its acquisition of Zürcher Kantonalbank Austria, acquiring client assets worth approximately 3.4 billion euros. The takeover, finalized on January 9, 2025, will see the new entity merge with LLB (Austria) mid-year, pending regulatory approval. This move strengthens LLB’s position in Austria and supports its growth strategy.
about LLB Completes Acquisition of Zürcher Kantonalbank Austria in Billion Euro Deal