A whale with a 25x short position on Ethereum has increased their position, with a liquidation price of $4,384.85.
According to Jinse Finance, monitored by AiYi, the whale who previously shorted Ethereum with 25x leverage increased their position to $57.36 million one hour ago, currently holding 13,808 ETH short contracts with an average entry price of $4,111. As ETH rebounded and broke through $4,155, their unrealized loss expanded to $580,000, with a liquidation price at $4,384.85.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Federal Reserve's Logan: Must Remain Highly Cautious About Rate Cuts, Absolutely Cannot Ease Too Much
SOL treasury company Sharps Technology plans to repurchase $100 million worth of shares
