A major whale previously shorted ETH at $2,740 and is now facing an unrealized loss of $21.5 million
BlockBeats News, August 18—According to monitoring by @HyperInsight, a whale (0x20c2d9...44f5) previously opened a short position when ETH was priced at $2,740, and added $857,000 in margin five hours ago. The whale's current position exceeds $57 million. Due to market fluctuations, the whale is now 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.
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