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A whale who was heavily shorting ETH continued to increase his position, with a floating loss of $2.844 million

A whale who was heavily shorting ETH continued to increase his position, with a floating loss of $2.844 million

Cointime2025/01/03 19:00
By: Cointime
ETH-0.33%

According to blockchain analyst ai_9684xtpa, a whale heavily shorting ETH has continued to increase their position, with a nominal value of 20,612.13 ETH. Another address belonging to the whale has also opened a short position worth 1,001 ETH. The total short position is now 21,613.13 ETH ($77.68 million USD), with an average short price of $3,458 USD and a current unrealized loss of $2.844 million USD. The health of the position is only 1.27.

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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