A Major Whale Previously Shorted ETH at $2,740 and Is Now Facing an Unrealized Loss of $21.5 Million
According to a report by Jinse Finance, monitoring by @HyperInsight shows that a whale (0x20c2d9...44f5) previously opened a short position on ETH at the $2,740 price level and added $857,000 in margin five hours ago. The total size of this position now exceeds $7.4 million. Due to market fluctuations, the whale is currently facing an unrealized loss of approximately $21.6 million. If ETH rises to $6,073, the position will be liquidated.
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
The Federal Reserve Monitors Stablecoin Growth and Risks Associated with the “Genius Act”
Argot Collective launches Ethereum strategic reserve, currently holding 2,474 ETH
Trending news
MoreCrypto prices
More
