Ethereum long position
Buddy is taking steps to avoid liquidation by reducing its 25x long position in Ethereum. This decision comes as market conditions remain challenging for leveraged positions. The reduction aims to mitigate risk and safeguard against potential losses associated with high leverage. By adjusting its position, Buddy hopes to stabilize its standing in the volatile cryptocurrency market. This move reflects a broader trend among traders who are reevaluating their strategies in response to market fluctuations.
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