According to ChainCatcher, Ember monitoring reports that the “Three-time ETH 100% Win Rate Whale” increased their short position by another 10,000 ETH at a price of $2,452 after the rebound in the early hours today. The whale now holds a total short position of 50,000 ETH, valued at $122 million.
The 40,000 ETH short position opened on June 11 had an unrealized profit of over $20 million when ETH dropped to $2,200 in the past two days, but the position was not closed. Instead, after ETH rebounded in the early hours today, the whale added another 10,000 ETH short at $2,452.
The current position details: 50,000 ETH short with 10x leverage, valued at $122 million, entry price at $2,725, liquidation price at $2,828, and an unrealized profit of $13.71 million.